What Trump's FCPA Pause Means for Latin America
Americas Quarterly
In this article, Matteson Ellis discusses the Trump administration's suspension of enforcement of the Foreign Corrupt Practices Act (FCPA), the United States' foreign bribery law, and how Latin America will be affected. "Many see the FCPA as crucial in influencing anti-corruption enforcement trends and corporate compliance practices across Latin America," Ellis wrote. "Halting FCPA enforcement now could have a disproportionate impact, increasing the risk of bribery in regional businesses." Given this increased risk, along with the administration's focus on cartels and transnational criminal organizations (TCOs) in the region, "these elements suggest that companies must maintain relevant controls and retool them to address new risks while the FCPA remains on pause."