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Compliance Hot Spots: Biden Administration Takes Aim at Global Corruption, Law.com

Wednesday, December 15, 2021

Partner Sandra Moser spoke to Law.com about the Biden administration’s new strategy to combat global corruption and the 38‑page blueprint that outlines these efforts, which include expanding enforcement actions, fixing vulnerabilities in the US financial system, supporting activists and journalists who expose global corruption, and more. The strategy document is “ambitious, to say the least,” according to Sandra. “Broadly speaking, there are more than a dozen strategic objectives, each with multiple aspirational action items—each and every one of them take[s] not just time to coordinate and collaborate across multiple domestic agencies, but most of all resources,” she said, adding that “[t]he deployment of resources to the relevant agencies, including DOJ—as opposed to the tradition of ‘doing more with the same’—will be critical to seeing any one of these strategic objectives succeed.”

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