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In Mexico, local anti-corruption enforcement has also been practically nonexistent, while there has been a decrease in evidence sharing with the US. Here the Zocalo sqaure, which includes the presidential palace. (Photo: Mexico City Government)
Matteson Ellis, Miller & Chevalier and Ruti Smithline, Morrison & Foerster. (Latinvex collage)
Wednesday, February 21, 2024

Latin America: Fewer FCPA Cases

But anti-corruption efforts in Brazil and Mexico near standstill.


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. 

Full story

Keywords:  Argentina, Brazil, Colombia, Corruption, Ecuador, FCPA, Lava Jato, Mexico, Miller & Chevalier, Morrison & Foerster, Peru



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 

Latin America: The Political Outlook

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