The U.S. brought enforcement actions under the Foreign Corrupt Practices Act against 13 companies in 2023, resulting in $776 million in penalties, a drop from the $1.5 billion in penalties announced in 2022 but up from $282 million in penalties from 2021, a Jan. 2 FCPA Blog post said. While the 2023 penalty total value was lower than in 2022, there were more companies penalized than in either 2022 or 2021, which saw eight and four companies, respectively, penalized. The blog said the average resolution amount announced by DOJ and the SEC was $59.6 million, with total financial settlements the lowest since 2021 and the second lowest since 2015.
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