White-Collar Partner Authors Article for ‘Law360’ on US Anti-Corruption Push
BCLP Partner Andrey Spektor authored an article published July 27 by Law360 concerning a renewed anti-corruption push by the U.S. government and how it will impact businesses operating abroad. “Although the memorandum identifies corruption ‘at home and abroad,’ there is little doubt that much of the enforcement will focus on the overseas operations of domestic companies,” Spektor wrote. “Among other things, the directive refers to: oligarchs, democracies worldwide, the global gross domestic products, acts that cross national borders, global financial systems, global anti-poverty and developments efforts, transnational criminal organizations, global anti-corruption norms, and foreign governments.” For companies operating abroad, he cautioned, the memorandum should be carefully considered in the context of other developments, some of which began under the last Democratic administration.
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