Advancing Competitiveness, Transparency, and Security in the Americas Act of 2020 This bill supports U.S. economic engagement and diplomatic presence in Latin American and Caribbean countries and implements requirements to counter foreign corrupt practices and malign business practices in the region. Specifically, the bill establishes measures to (1) increase U.S. economic competitiveness and promote the rule of law in Latin American and Caribbean countries, (2) promote regional security and digital security, and (3) protect human rights in the Americas and advance the role of civil society in Latin America and the Caribbean.