CROOK ACT

The CROOK Act (Countering Russian and Other Overseas Kleptocracy Act) has been reintroduced in Congress to strengthen the U.S. government's efforts in combating international corruption. The Act aims to establish an anti-corruption action fund, financed by fines and penalties imposed on foreign corrupt officials, to provide technical assistance to countries working to combat corruption. Additionally, the Act requires the State Department to create a global strategy to fight corruption and increase coordination among federal agencies. If enacted, the CROOK Act would elevate the fight against global corruption as a U.S. foreign policy priority.

Kohn, Kohn & Colapinto Discusses Changes to SEC Whistleblower Rules

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