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Clifford Chance

Clifford Chance
Briefings

Briefings

Mind The (Bribery) Gap: Recent U.S. Anti-Bribery Legislation Addresses Void Created By "Demand-Side" Bribery

February 22, 2024

The Foreign Extortion Prevention Act, which U.S. President Joe Biden signed into law in December 2023 as part of the 2024 National Defense Authorization Act, amends the main federal domestic anti-bribery law, 18 U.S. Code section 201, by making it unlawful for foreign officials to solicit or accept bribes from U.S. persons and companies. This new law is the first of its kind in the United States to target the foreign recipients of bribes and fills in the "demand-side" gap left by the Foreign Corrupt Practices Act.

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