21st Annual IBA Anti-Corruption Conference
25 Jun - 26 Jun 2025
Session information
Panel one: The current state of anti-corruption enforcement
Wednesday 25 June (0945 - 1045)
Description
The recent six-month pause on the enforcement of the Foreign Corrupt Practices Act (FCPA) ordered by the US administration has sparked significant debate and concern across various sectors. This panel aims to explore the multifaceted impacts of this pause on US companies, foreign companies, and the global fight against corruption. The panel will bring together practitioners and in-house counsel from different jurisdictions who will discuss the immediate and long-term consequences of this policy shift on their day to day activities and discuss strategies to navigate the evolving compliance landscape.
The panel objectives include
(i) discuss the potential risks and benefits for US businesses operating under reduced regulatory scrutiny;
(ii) analyse how foreign companies, particularly those listed on US stock exchanges or using the US banking system, are affected by the FCPA pause;
(iii) explore the response of foreign regulatory bodies and the potential for increased enforcement by non-US jurisdictions;
(iv) investigate the broader implications for global anti-corruption initiatives and the role of international cooperation in maintaining enforcement standards;
(v) discuss the potential for other countries to fill the enforcement void left by the US federal enforcement.
Session / Workshop Chair(s)
Adriana Menezes Dantas | Lefosse Advogados, São Paulo, Brazil; Co-Chair, Anti-Corruption Committee |
Speakers
Camilla De Silva | Simmons & Simmons LLP, London, England |
Sarah Dib | Vallourec, Paris, France |
Mark Mendelsohn | Paul Weiss Rifkind Wharton & Garrison LLP, Washington, District of Columbia, USA; Regional Representative North America, Anti-Corruption Committee |
Kathryn Nickerson | Former Assistant Chief Counsel, US Department of Commerce, Washington, District of Columbia, USA |