FCPA

Deutsche Bank Fined $132M Over Bribery Schemes
Risk & Compliance

Deutsche Bank Fined $132M Over Bribery Schemes

U.S. authorities say the scandal-plagued bank made improper payments to politically-connected intermediaries to secure business overseas.
By Matthew Heller | January 11, 2021
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SEC Charges Consumer Loan Company With FCPA Violation
Risk & Compliance

SEC Charges Consumer Loan Company With FCPA Violation

World Acceptance's former Mexico subsidiary paid more than $4 million in bribes to Mexican officials, said the SEC.
By Vincent Ryan | August 7, 2020
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Cardinal Health Fined $8M for FCPA Violations
Risk & Compliance

Cardinal Health Fined $8M for FCPA Violations

The SEC says Cardinal employees made improper payments to boost the sales of a skincare company whose products they were distributing in China.
By Matthew Heller | March 2, 2020
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Ericsson to Pay $1B in 2nd-Largest FCPA Case
Risk & Compliance

Ericsson to Pay $1B in 2nd-Largest FCPA Case

“Through slush funds, bribes, gifts, and graft, Ericsson conducted telecom business with the guiding principle that ‘money talks.'"
By Matthew Heller | December 9, 2019
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Flurry of SEC Cases Disclosed
Risk & Compliance

Flurry of SEC Cases Disclosed

With its fiscal year-end looming, the SEC disclosed charges and settlements against seven different organizations in two days.
By Vincent Ryan | September 27, 2019
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Regulators Double Down on Compliance Scrutiny
Risk & Compliance

Regulators Double Down on Compliance Scrutiny

The government is strongly signaling that companies can no longer afford to have anything but effective, comprehensive compliance programs.
By David McCann | September 18, 2019
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Walmart FCPA Case Cites Poor Internal Controls
Risk & Compliance

Walmart FCPA Case Cites Poor Internal Controls

The Securities and Exchange Commission today charged Walmart with dragging its feet on anti-corruption compliance for more than a decade.
By Vincent Ryan | June 20, 2019
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Fresenius Medical Fined $231M in Bribery Probe
Risk & Compliance

Fresenius Medical Fined $231M in Bribery Probe

The German medical device company allegedly paid $31 million in bribes to doctors and public health officials in at least 17 countries.
By Matthew Heller | April 1, 2019
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Credit Suisse Settles Foreign Bribery Investigations
Risk Management

Credit Suisse Settles Foreign Bribery Investigations

The SEC said ‘relationship hires’ allowed the bank to win millions in business in the Asia-Pacific region.
By William Sprouse | July 5, 2018
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Israeli Co. Settles with SEC Over Bribery Allegations
Risk Management

Israeli Co. Settles with SEC Over Bribery Allegations

The firm, Elbit Imaging, violated accounting-related provisions of the Foreign Corrupt Practices Act.
By Vincent Ryan | March 12, 2018
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Halliburton Hit for $29.2 Million in FCPA Case
Strategy

Halliburton Hit for $29.2 Million in FCPA Case

The big oil-services company falsified books and records and violated internal accounting controls in Angola dealings, the SEC charges.
By David McCann | July 27, 2017
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Corruption Is Costly — and Pervasive
Risk Management

Corruption Is Costly — and Pervasive

An anticorruption survey from AlixPartners shows redoubled efforts at checking the rising tide of fraud and graft.
By Vincent Ryan | May 16, 2017
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Two Execs Pay Penalties for FCPA Violations
Risk Management

Two Execs Pay Penalties for FCPA Violations

The pair funneled millions of dollars to government officials in Macedonia and Montenegro to shut out telecom competition.
By Vincent Ryan | April 25, 2017
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SEC Keeps up High Rate of Enforcement Activity
Risk & Compliance

SEC Keeps up High Rate of Enforcement Activity

Excluding actions against delinquent filers, the SEC filed 299 cases in the first half of fiscal 2017 — virtually unchanged from the year-ago period.
By Matthew Heller | April 21, 2017
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Executives Investigated Under FCPA Can Fear Less
Strategy

Executives Investigated Under FCPA Can Fear Less

Altering an unwritten policy, the DOJ eases pressure on companies to fire executives involved in FCPA wrongdoing.
By Alice Hsieh and Daniel Patrick Wendt | January 9, 2017
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