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.

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...

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...

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 Falconstor for bribery

Falconstor Bribery Securities and Exchange Commission  charged that FalconStor Software, Inc., a Long Island, N.Y., data storage company, misled investors about bribes it paid to...

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...

Former Gateway CEO and Controllers Settle Fraud Charges

Weitzen and Manza consented to entry of the final judgments without admitting or denying the allegations made by the Securities and Exchange Commission that...