lexisnexisip.com

20th Annual IBA Anti-Corruption Conference

12 Jun - 13 Jun 2024

Session information

Panel two - Combatting corruption’s demand side: New U.S. legislation and beyond

Description

Neither the US Foreign Corrupt Practices Act (FCPA) nor many other countries’ anti-corruption laws directly provide for enforcement against foreign officials who demand bribes, focusing instead as a policy matter on the supply side of bribe payers. In fact, the Organization for Economic Co-operation and Development OECD found in 2018 that only about one in five foreign bribery enforcement actions included sanctions against public officials, such as for money laundering. However, in late 2023, the United States enacted the Foreign Extortion Prevention Act (FEPA), which explicitly criminalises foreign officials’ receipt of bribes. This panel will discuss FEPA, as well as other US and international efforts to combat the demand side of bribery, including relevant implications and critiques.

Session / Workshop Chair(s)

Daniel R Alonso Orrick Herrington & Sutcliffe, New York, New York, USA; Internal Investigations Officer, Compliance Subcommittee

Speakers

Marianne Bloos HOUTHOFF, Amsterdam, Netherlands
Aurelie Ercoli DLA Piper, Washington, District of Columbia, USA
Alison Howell Ericsson, Amsterdam, Netherlands
James Tillen Miller & Chevalier Chartered, Washington, District of Columbia, USA; Member, Anti-Corruption Committee Advisory Board
François Valérian Transparency International, Berlin, Germany