The Foreign Extortion Prevention Act (FEPA). Signed into law in December 2023, FEPA criminalizes the "demand side" of foreign bribery - that is, makes it illegal for any foreign official to demand, receive, or agree to receive a bribery from a US citizen, company, or resident. Previous to this there was only the FCPA which made it an offence for any US linked company to offer or pay a bribe to a foreign official outside of the US.

Our speakers will discuss:

• FEPA is designed to work in conjunction with the Foreign Corrupt Practices Act (FCPA), how this will work in practice, particularly South Africa and Kenya
• Increase in compliance burden for local and US companies.
• Catalyst for global anti-corruption efforts - International transparency advocates can also push for FEPA used for further anti-bribery legislation around the world - to hold corrupt high-level actors within governments and the private sector to account
• FEPA opens up the possibility of repercussions for the officials involved in the country-level bribery schemes, previously not prosecuted under the FCPA
• The extraterritorial reach of the US' legislation
• The development of non-trial resolutions