What Trump’s FCPA Pause Means for Latin America
Suspending U.S. foreign bribery law enforcement could increase corruption risk across the region.
For at least six months, U.S. President Donald Trump has suspended enforcement of the Foreign Corrupt Practices Act (FCPA), the nation’s foreign bribery law, and Latin America will be affected. On February 10, President Trump signed an executive order (E.O.) on "Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security." The E.O. asserts that "[c]urrent FCPA enforcement impedes the United States' foreign policy objectives" and that "overexpansive and unpredictable FCPA enforcement against American citizens and businesses… actively...
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