2023 FCPA Year in Review
Bribe, Swindle or Steal
Alexandra Addison-Wrage of TRACE International
4.9 • 582 Ratings
🗓️ 10 January 2024
⏱️ 43 minutes
🧾️ Download transcript
Summary
Dan Kahn, former Chief of the DOJ's FCPA unit and current partner with Davis Polk, talks us through the anti-corruption enforcement actions, trends and highlights of 2023.
Transcript
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| 0:00.0 | Welcome back to the podcast, bribe, swindle or steel. |
| 0:09.3 | I'm Alexandra Rogge, and we're kicking off 2024 by listening in on our annual FCPA |
| 0:14.7 | Year in Review webinar. |
| 0:16.6 | Our guest expert this year is Dan Kahn, former chief of the DOJ's FCPA unit, amongst other positions |
| 0:22.4 | there, and Kern partner with Davis Polk in Washington. Here's Dan. This past year has been a much |
| 0:29.8 | more active year on the enforcement side in terms of what we've been seeing. And so here is just |
| 0:36.0 | an overview of some of the areas that we were |
| 0:38.8 | going to hit today. Talk about enforcement trends, the number of issues that we'll hit there, |
| 0:44.1 | talk about some of the guidance that came out this past year. I'm sure a lot of you have heard |
| 0:48.8 | a lot about that guidance, so we won't cover it in excruciating detail, but we'll hit some of the |
| 0:53.7 | key points. |
| 0:54.8 | We'll talk about what to watch in 2024. |
| 0:57.2 | Certainly, I don't pretend to have a crystal ball and to know what's going to be happening in the year ahead. |
| 1:02.7 | But I think based on our experiences, based on what we've been seeing, and based on some of the guidance that's been coming out, I think we have a good sense of what |
| 1:11.7 | to expect in the coming year. With that, we can get started and start talking about some of the |
| 1:16.6 | enforcement trends. So this is just an overview, but I think one point that's always, I think a notable |
| 1:22.4 | point is any time there's a leadership change, unlike a lot of other areas of law and frankly, pretty |
| 1:29.0 | much every other area of law, the FCPA is vested in one unit at the Department of Justice. |
| 1:35.9 | That's the FCPA unit. There is likewise an FCPA unit at the Securities and Exchange Commission. |
| 1:41.6 | There is a new head of DOJ's FCPA unit. That's David for. David has been |
| 1:48.0 | in the FCPA unit for a number of years now. I think he joined in 2013. And so he has a lot of |
| 1:55.1 | experience doing this. He worked at a law firm doing FCPA cases on the defense side for a number of |
... |
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