The Foreign Corrupt Practices Act of 1977 (FCPA) was the first law in the world that allowed a sovereign nation to prosecute its citizens and companies for corrupt payments overseas to the foreign officials of other sovereign nations. As groundbreaking as it was, neither the FCPA, nor laws sanctioned by many other countries in the decades since, allow the prosecution of foreign officials (the demand side of bribery), reflecting a policy choice to focus only on the bribe payers, or the supply side. But late last year, Congress passed, and President Biden signed into law, the Foreign Extortion Prevention Act (FEPA), explicitly to criminalize the receipt of bribes by officials of foreign nations. Join Daniel for a discussion of the implications of this new law for U.S. companies and those listed on U.S. exchanges, for the effectiveness of global anti-corruption efforts by the U.S. and other countries active in this area, and for international relations.