On September 5, 2025, the Securities and Exchange Commission (SEC) announced the creation of a new task force aimed at addressing cross-border fraud affecting U.S. investors. This move aligns with the Department of Justice’s (DOJ) Criminal Division’s May 2025 memorandum outlining its enforcement priorities and policies, as well as recent guidance from the Deputy Attorney General on FCPA enforcement. Together, these developments signal that cross-border investigations, especially those involving foreign-based companies, will continue to be a key focus for the current Administration.
The full update can be found here.