Foreign Corrupt Practices Act Fell Short in 2011
Anti Corruption Campaign Banner. Photo Credit: One Stone Advisors . 29 Dec 2011 20:50 Africa/Lagos FCPA Digest Cites Increased Prosecution of Individuals and Sharpened Focus On Judicial Opinions and Trials Shearman & Sterling report outlines business and legal implications of US, UK and other international anti-corruption activities NEW YORK, Dec. 29, 2011 /PRNewswire/ -- Although the overall number of new FCPA enforcement actions fell somewhat in 2011 – just 16 corporate cases, compared with 20 in 2010 – US authorities have continued their aggressive and proactive enforcement of the statute and are now being joined by their foreign counterparts, according to global law firm Shearman & Sterling LLP. Shearman & Sterling's semi-annual "Recent Trends and Patterns in FCPA Enforcement" report, part of the firm's renowned FCPA Digest (http://fcpa.shearman.com), showed that, despite the claims of some commentators and legislators, FCPA penalties against corporat...