Corruption

corruptionMost multinational companies encounter bribery and corruption risks when doing business in emerging markets. Evolving legal systems and amendments to regulations are being rolled out to foster greater transparency.Driven by the US Foreign Corrupt Practices Act (FCPA), many companies have chosen to self-report violations to the Department of Justice (DOJ) or Securities Exchange Commission (SEC). This section provides News updates and Opinions related to Anti Corruption regulations such as UK Bribery Act or Foreign Corrupt Practices Act.

Indonesia anti-graft agency snares its first minister

Indonesia's first minister to be named a suspect in a bribery scandal resigned on Friday, becoming the highest profile victim of an increasingly aggressive...

Rolls Royce connection with President Suharto

rolls royce
The U.K. Serious Fraud Office may be investigating an alleged $20 million payment from Rolls Royce to the son of the former Indonesian ruler...

Accounting fraud in TheStreet

The Securities and Exchange Commission today charged TheStreet, Inc. and three executives in connection with a 2008 accounting fraud at a former subsidiary of...

SEC Charges Tyco with illicit payments

Securities and Exchange Commission today announced that it filed a settled civil action in the United States District Court for the District of Columbia...

Smith & Nephew FCPA Violation

Smith & Nephew FCPA Violation Securities and Exchange Commission today announced a settlement with Smith & Nephew PLC to resolve SEC charges that the global...

SEC CHARGES TYCO WITH MAKING ILLICIT PAYMENTS TO FOREIGN OFFICIALS

Securities and Exchange Commission today announced that it filed a settled civil action in the United States District Court for the District of Columbia...