Foreign Corrupt Practices Act enforcement actions brought by the Department of Justice and Securities and Exchange Commission in 2014 held fairly steady in comparison to the previous year’s enforcement numbers, while the average price tag in penalty amounts continued to skyrocket.
According to a recap of FCPA enforcement activity by Gibson, Dunn & Crutcher, 2014 saw a combined 26 enforcement actions, with 17 brought by the Justice Department, and nine brought by the SEC. In comparison, 2013 saw 27 enforcement actions, with 19 brought by the Justice Department, and eight brought by the SEC.
