US Enforcement and Cybersecurity Outlook for Oil and Gas Companies

Oil and gas companies should anticipate a more vigorous enforcement environment during President Biden’s term, with anti-corruption and sanctions enforcement expected among some of the key areas of focus. In addition, companies should expect close scrutiny of the industry’s management of cyber risks, along with increased regulatory and litigation risk.

To help you navigate the evolving US landscape for the oil and gas industry, we invite you to join a webinar during which Mayer Brown partners will discuss recent developments in these areas and explore ways to reduce related risks. Topics will include:

• Expansion of US Foreign Corrupt Practices Act (FCPA) and other anti-corruption enforcement, including the US Commodity Futures Trading Commission’s (CFTC) new initiative to pursue foreign corruption violations, and other related Department of Justice (DOJ) and Securities and Exchange Commission (SEC) regulatory priorities. This will include a discussion of the Biden administration’s new “whole-of-government” approach to investigating and punishing foreign corruption, announced in a memo issued on June 3.
• Managing cyber risks to industrial systems in the wake of recent incidents and in light of the administration’s prioritization of critical infrastructure cybersecurity.
• The use of economic sanctions as a favored foreign policy and national security tool; the roles of the White House, Congress, Office of Foreign Assets Control (OFAC) and DOJ; and the administration’s upcoming enforcement priorities in this area.

CLE is not available when viewing a recording of this program. In order to receive credit you must have attended the live webinar program.