In “Bridging Gaps: FEPA Boosts U.S. Anti-Bribery Options” (Financier Worldwide, November 2024), Ghazanfar Shah discusses the 2023 Foreign Extortion Prevention Act (FEPA)—legislation that bridges an important gap in U.S. anti-bribery and anticorruption law.
Ghaz explains: “The FCPA and the FEPA both aim to combat corruption but address different aspects of it. The FCPA primarily focuses on prohibiting the bribery of foreign officials by U.S. companies and individuals, while the FEPA targets the extortion of funds or valuables by foreign officials from U.S. individuals or entities. In simpler terms, the FCPA does not itself prohibit foreign officials from demanding bribes from U.S. companies and individuals in the same circumstances.”
Read the Financier Worldwide article.
