|
Latin America: Fewer FCPA Cases
But anti-corruption efforts in Brazil and Mexico near standstill.
BY JOACHIM BAMRUD
After years of leading all cases related to the US Foreign Corrupt Practices Act (FCPA), Latin America is on a downwards course, corruption risk fundamentals in Latin America are still in place, experts say.
Meanwhile, three quarters of the FCPA cases involving Latin America last year were related to bribery conduct in Ecuador or Colombia just as the first coordinated FCPA resolution between the United States and Colombia took place.
Brazil and Mexico, the top two economies in Latin America, are seeing few FCPA cases as local anti-corruption enforcement efforts are near standstill.
Latinvex asked two experts on FCPA in Latin America to share their insights on the outlook this year and the trends from last year.
Our panel: Matteson Ellis, practice lead for Latin America at Miller & Chevalier, and Ruti Smithline, co-chair of Morrison & Foerster’s Investigations + White Collar Criminal Defense group and co-chair of the firm’s Latin America Desk.
Keywords: Argentina, Brazil, Colombia, Corruption, Ecuador, FCPA, Lava Jato, Mexico, Miller & Chevalier, Morrison & Foerster, Peru
LATIN AMERICA 2024 OUTLOOK
Argentina: Law Firms Cautiously Optimistic
Latin America Capital Markets: Positive Outlook
Latin America: The CEO Outlook
Latin America: The Chambers Outlook
Latin America: The Energy Outlook
Latin America: Fewer FCPA Cases
Latin America: The Macro Outlook
Latin America M&As: Good Outlook
