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Foreign Extortion Prevention Act (FEPA)

Coverage of Foreign Extortion Prevention Act (FEPA) in the Nexus archive.

Earliest in view: May 21 · 13:11 UTCMost recent: May 21 · 13:11 UTC
Co-mentioned in this coverage
Joe Bidenperson1Venezuelaplace1Nicolás Maduroperson1Petróleos de Venezuela (PDVSA)organization1Foreign Corrupt Practices Act (FCPA)topic1Department of Justiceorganization1
Recent coverage
  • POLITICSMay 21 · 13:11 UTCJUST SECURITY
    FEPA’s First Test: Protecting American Companies Returning to Venezuela

    The Foreign Extortion Prevention Act (FEPA), signed into law in December 2023, makes it a crime for foreign officials to demand bribes from U.S. companies and Americans, closing a loophole that previously only penalized U.S. companies under the Foreign Corrupt Practices Act. The law presents an opportunity to reshape how U.S. companies operate in corruption-prone environments like Venezuela, which reopened its oil sector to American companies following a January 2026 U.S. military intervention.

Foreign Extortion Prevention Act (FEPA) · Dossier · The Nexus