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.

Microcap Fraud

Securities and Exchange Commission obtained a temporary restraining order against future violations of the antifraud, issuer reporting, books and records, internal controls and officer...

SEC Charges Medlink International and Two Executives with Fraudulent Filing

The Securities and Exchange Commission today announced that it filed a civil injunctive action against MedLink International, Inc., its CEO, Aurelio Vuono, and its...

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...

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...

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...

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...