On April 15, 2024 the Criminal Division of the US Department of Justice ("DOJ") launched a pilot program to encourage voluntary self-disclosures by offering mandatory non-prosecution agreements.
On December 14, the U.S. Congress passed the Foreign Extortion Prevention Act (FEPA), which, if signed by President Biden, will make it a crime for "any foreign official or person.
Despite its decades of prosecutions and enforcement actions under the Foreign Corrupt Practices Act, the United States has struggled in its regulatory approach towards corrupt foreign officials.
On November 26, 2021, the Organization for Economic Cooperation and Development (the "OECD") updated its anti-bribery recommendation for the first time in more than a decade.