Anticorruption, Ethics and Compliance Service Sheet

In 2017 and 2018, U.S. enforcement authorities collected nearly $9 billion from individuals and companies for violations of the Foreign Corrupt Practices Act (FCPA). In the U.K., enforcement authorities have added an additional $20 million to the Serious Fraud Office’s budget and pledged increased enforcement. In addition to fines and disgorgement of profits, companies face steep costs in reputation, litigation and loss of government contracts in the U.S., Canada and the European Union. Individual corporate leaders snared in these enforcement actions can even face jail time.