2020 was a very significant year for every compliance practitioner and compliance program. Not only was it the year with the single highest Foreign Corrupt Practices Act (FCPA) fine ever — and the largest year in total FCPA fines to date — but there were significant enforcement actions, fines and penalties assessed against corporations, coupled with a large number of individual prosecutions.
Perhaps most significantly, there were two noteworthy releases of information by the federal government that directly impacted compliance professionals.
In his inimitable style, Tom Fox reviews the year behind us — while creating a roadmap for compliance officers for the years to come.
