Corruption through foreign bribery schemes has fueled wars and bankrupted countries around the globe. Numerous treaties, international bodies, and conventions for years have sought to end the practice of foreign bribery – yet Transparency International research reveals that only two of the 47 largest exporting countries are actively enforcing foreign anti-bribery laws. To make matters worse, sanctions against corrupt officials are rarely levied. While these corrupt schemes have largely been successful in evading accountability and justice, recent bipartisan efforts in Congress may level the playing field and deliver the most significant anti-corruption opportunities in decades.

FDD and Transparency International-US host a conversation with Senator Sheldon Whitehouse (D-RI) to discuss the recent passage of the Foreign Extortion Prevention Act (or “FEPA”), how the legislation can best be leveraged against corrupt regimes, and what comes next in the fight against global corruption and kleptocracy. The discussion will address how FEPA fits with other anti-corruption laws and regulations, how the Department of Justice should implement FEPA, how to address issues of jurisdiction and extradition, and what laws and regulations are still needed in the fight against corruption.

For more, check out: https://www.fdd.org/events/2024/03/12/expanding-the-anti-corruption-toolkit-fepa-and-beyond/