Anti-Corruption Policy Updates from the Biden Administration

Published: June 16, 2021, 9:16 p.m.

b'In this episode of S&C\\u2019s Critical Insights, Aisling O\\u2019Shea, co-head of the Firm\\u2019s FCPA and Anti-Corruption Group, and Kamil Shields, both members of the Firm\\u2019s Criminal Defense and Investigation Group, discuss recent policy statements from the Biden administration on its fight against corruption as a core national security priority. Aisling and Kamil provide an overview of the administration\\u2019s recent National Security Study Memorandum, the formation of task forces to operate in the Northern Triangle region, and recent G7 and US/EU statements on collective action from member nations against corruption. In addition to discussing the potential implications of these developments, they also explore how companies, including financial institutions, can start preparing for these anti-corruption initiatives by enhancing their financial crime compliance frameworks in advance of likely increased enforcement by U.S. authorities.'