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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 22, 2021.
Combating Global Corruption Act of 2021
This bill requires the Department of State to develop a program to combat corruption in foreign countries.
The State Department must annually report to Congress a tiered list of all foreign countries. The first tier shall contain countries that meet minimum standards for combating public corruption, while the second tier shall contain countries that do not yet meet these standards but are making significant efforts to do so. Third-tier countries do not meet the minimum anti-corruption standards and are not making significant efforts to do so.
The State Department must evaluate and report on foreign persons engaged in grand corruption in all third-tier countries for the imposition of specified sanctions.
The State Department must also designate an anti-corruption point of contact in the U.S. diplomatic post in each second- or third-tier country and where the State Department determines that such a point of contact is necessary. The point of contact shall be responsible for coordinating a whole-of-government approach to enhancing the ability of foreign countries to combat public corruption.