Europe Faces Uncertainty as US Freezes Foreign Corruption Practices Act

Reported about 8 hours ago

The recent decision by President Trump to halt the enforcement of the Foreign Corrupt Practices Act (FCPA) has left European anti-corruption officials concerned about the future of transnational bribery investigations. Major firms like Glencore, Airbus, and Credit Suisse have previously benefited from US involvement in settling corruption cases, but now European authorities must navigate a challenging landscape without the support of US prosecutors. The potential for a divided enforcement approach raises questions about fairness between American and foreign companies, as Europe adapts to these new realities.

Source: YAHOO

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