FCPA Enforcement on Hold for 180 Days Boost
Published Date: 2/14/2025
Presidential Document
Summary
The government is hitting pause on new Foreign Corrupt Practices Act (FCPA) investigations for 180 days to help American businesses compete better worldwide and protect national security. During this time, current cases will be reviewed, and new rules will be made to keep enforcement fair and focused on U.S. interests. This change affects American companies and citizens doing business abroad and aims to save money and resources while boosting the economy.
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Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
180-Day Pause on New FCPA Probes
If you are an American company or citizen doing business abroad, the Attorney General must stop starting any new Foreign Corrupt Practices Act (FCPA) investigations or enforcement actions for 180 days beginning with the date of this order (February 10, 2025). The Attorney General may extend the review for an additional 180 days if deemed appropriate.
Review and Possible Remedies for Existing FCPA Cases
The Attorney General will review in detail all existing FCPA investigations and enforcement actions during the 180-day review and may take appropriate actions to restore proper bounds on enforcement, including remedial measures or recommending Presidential action with respect to past cases.
New FCPA Guidelines and AG Authorization Requirement
After the review, the Attorney General will issue updated guidelines prioritizing U.S. foreign policy and American economic competitiveness; any FCPA investigations or enforcement actions initiated or continued after those guidelines are issued must follow them and be specifically authorized by the Attorney General.
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