Suspension of Foreign Corrupt Practices Act generated record gains for companies involved in overseas corruption cases

When, on 10 February 2025, United States President Donald Trump signed the executive order suspending the enforcement of the Foreign Corrupt Practices Act (FCPA), companies previously involved in overseas corruption cases collectively gained around USD 39 billion. On average, on that day, each individual company that had been subject to investigations or sanctions under the FCPA increased its market capitalization by USD 160 million. One month later, the average gain per company had risen to approximately USD 6.5 billion.