Latin American Corruption in the Crosshairs of the Biden Administration

Latin America has emerged as the new risk capital of anti-corruption compliance over the last few years and the Biden administration, including its newly appointed leadership at the Department of Justice, is unapologetically supporting anti-corruption enforcement efforts there. As Evelyn B. Sheehan and Amanda Tuminelli, attorneys at Kobre & Kim, explain in a guest article, this renewed commitment to FCPA enforcement, combined with the 2021 National Defense Authorization Act (NDAA) which provides new tools for the U.S. to aggressively pursue its enforcement agenda, should raise red flags for Latin American stakeholders and especially for high net worth individuals (HNWI) and their respective networks of professional advisors. The article discusses recent anti-corruption enforcement activity in Latin America and the implications of the new tools available under the NDAA and the Northern Triangle Act for companies and HNWI operating in Latin America. See “What to Expect From the Biden Administration’s New Anti-Corruption Tools” (Mar. 3, 2021).

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