The Foreign Extortion Prevention Act (FEPA) is a United States federal law that enables US authorities to prosecute foreign officials who demand or accept bribes from a US citizen, US company, or within a US jurisdiction. FEPA was signed into law by
Joe Biden on December 22, 2023, as part of the
National Defense Authorization Act for Fiscal Year 2024
The National Defense Authorization Act for Fiscal Year 2024 (NDAA 2024) is a United States federal law which specifies the budget, expenditures, and policies of the U.S. Department of Defense (DOD) for fiscal year 2024.
Background
The National ...
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Analysts stated that FEPA addresses a longstanding gap in US anti-bribery legislation by tackling the "demand" side of bribery. At the same time, the
Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act of 1977 (FCPA) (, ''et seq.'') is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests.
The FCPA is applicable wor ...
(FCPA) focuses on the "supply" side of bribery.
One expert noted that FEPA is "probably the most important U.S. anti-bribery effort since the FCPA itself became law. The law amends the federal domestic bribery statute to add a new subsection punishing foreign government officials for demanding or receiving a bribe. The law is quite specific in that it is intended to be extraterritorial in nature. This means that demanding or receiving a bribe, even if done somewhere else, is now a crime punishable in the United States."
See also
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United Nations Convention Against Corruption
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OECD Anti-Bribery Convention
The OECD Anti-Bribery Convention (officially Convention on Combating Bribery of Foreign Public Officials in International Business Transactions) is an anti-corruption convention of the OECD that requires signatory countries to criminalize bribe ...
References
Acts of the 118th United States Congress
United States business law
United States federal criminal legislation
United States foreign relations legislation
United States federal public corruption crime statutes
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