The last few months have been relatively quiet in Foreign Corrupt Practices Act enforcement, but don’t be fooled. All signs point to another banner year for the U.S. crackdown on foreign bribery and corruption.
Enforcement of the statute, which bars domestic companies from bribing foreign officials, reached record highs during each of the last two years. Observers expect that trend to continue in 2008. “I don’t see any reason whatsoever the trend would change,” says David Pitofsky, a partner in the law firm Goodwin Procter.
