The New US Foreign Extortion Prevention Act: Acting on the "demand side" of corruption across the Atlantic and beyond

With 2023's Foreign Extortion Prevention Act (FEPA), the US is criminalising the "demand side" of bribery, and going after the foreign officials who solicit or accept bribes extra-territorially. We will discuss the potential positive developments from this new US tool in the anti-corruption fight and the challenges and limitations in enforcing it, the lessons that can be learned from the UK Bribery Act, and also hear the perspective of the multilateral development bank community on addressing the issues on the demand side of corruption.