EO 14209
Pausing Foreign Corrupt Practices Act Enforcement To Further American Economic and National Security
Law EnforcementForeign PolicyEconomy & TradeNational Security
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Summary
This executive order pauses Foreign Corrupt Practices Act (FCPA) enforcement for 180 days while the Attorney General reviews and revises FCPA guidelines and policies. The order states that current FCPA enforcement is overly broad, harms American economic competitiveness, and interferes with the President's foreign policy authority, and directs the cessation of new FCPA investigations during the review period except in exceptional cases.
Key Points
- 1Initiates a 180-day moratorium on new FCPA investigations and enforcement actions, with possible extension for an additional 180 days, except where the Attorney General makes individual exceptions
- 2Directs the Attorney General to review all existing FCPA investigations and enforcement actions and take corrective measures to restrict the scope of FCPA enforcement
- 3States that FCPA enforcement is characterized as 'overexpansive and unpredictable' and claims it hampers U.S. foreign policy objectives and the competitiveness of American companies in international markets
- 4Requires revised FCPA guidelines and policies that align with stated presidential foreign policy authority and American economic interests
- 5Authorizes the Attorney General to recommend remedial actions regarding past FCPA investigations and enforcement actions deemed inappropriate
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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