Corruption in Latin America remains widespread despite government efforts to curtail it, but businesses operating in the region are rising to the challenge. In this article, Gregory Bates and James Tillen explore the results of data from the 2024 Latin America Corruption Survey, organized by Miller & Chevalier and 14 collaborating Latin American law firms, which reveals that corporations are increasingly responding to elevated corruption risks and low levels of trust in state institutions by adopting sophisticated compliance strategies that mitigate risks and protect legitimate business operations. The authors examine regional data to analyze the individual countries and areas of government where corruption risks are most acute. This is the first of two articles Gregory Bates and James Tillen have written about fighting corruption in Latin America. The second article can be found here.