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Highlights

  • TO THE SYMPOSIUM ON NEW DIRECTIONS IN ANTICORRUPTION LAWRachel Brewster* and Alexandra Huneeus**Not so long ago, anticorruption law was viewed as aspirational or even naïve

  • In the last two decades, anticorruption law has become a major area of legal innovation at the national and international levels

  • The U.S Foreign Corrupt Practices Act (FCPA), the UK Bribery Act, and other national laws provide significant penalties for private actors who bribe foreign governments to gain or retain business. These laws, which aim to reduce corruption by targeting the supply of bribes, regularly grab headlines, with corporations paying fines in the hundreds of millions of dollars. This symposium seeks to explore the new directions in anticorruption law, which extend beyond major exporting states’ use of corporate liability to fight extraterritorial corruption

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Summary

TO THE SYMPOSIUM ON NEW DIRECTIONS IN ANTICORRUPTION

Anticorruption law was viewed as aspirational or even naïve. In the last two decades, anticorruption law has become a major area of legal innovation at the national and international levels. The U.S Foreign Corrupt Practices Act (FCPA), the UK Bribery Act, and other national laws provide significant penalties for private actors who bribe foreign governments to gain or retain business. These laws, which aim to reduce corruption by targeting the supply of bribes, regularly grab headlines, with corporations paying fines in the hundreds of millions of dollars. This symposium seeks to explore the new directions in anticorruption law, which extend beyond major exporting states’ use of corporate liability to fight extraterritorial corruption.

AJIL UNBOUND
INTRODUCTION

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