The number of enforcement actions brought under the Foreign Corrupt Practices Act (FCPA) in 2021 fell to the lowest total in a decade, according to a new report.
The “2021 FCPA Year in Review,” released Friday by the FCPA Clearinghouse at Stanford Law School in collaboration with law firm Sullivan & Cromwell, found there were 18 FCPA enforcement actions filed last year—14 by the Department of Justice (DOJ) and four by the Securities and Exchange Commission (SEC). The total represented the lowest number of enforcement actions brought in a year since at least 2012, when the clearinghouse began tracking FCPA enforcement.
