Tag:
Foreign Corrupt Practices Act
Latest Headlines
Latest Headlines
Did Wal-Mart make the right FCPA disclosure move?
Wal-Mart's most recent earnings disclosure filed with the SEC offered more details about how it is handling its internal investigation into allegations of bribery Mexico.
Ex-Morgan Stanley exec pleads guilty to FCPA charges
There has been speculation as of late that banks and private equity companies were in the prosecutorial crosshairs regarding the Foreign Corrupt Practices Acts (FCPA), which prosecutors have been zealous about in recent years.
New York Times raps Wal-Mart for FCPA violations
In a truly arresting investigative report, the New York Times lays bare a shocking program of company-authorized bribery at Wal-Mart, a company which has touted its high ethical standards, and a weak subsequent internal probe.
Big FCPA setback for prosecutors
The Justice Department and the SEC have been aggressively going after violations of the Foreign Corrupt Practices Act (FCPA), and despite some intrigue recently, the consensus is that prosecutors...
2012 may lack big FCPA changes
For the last six months, we've been expecting legislation that would reform the Foreign Corrupt Practices Act, essentially making it less vague and drawing some regulatory bright lines. Some were
Wal-Mart makes right choice on FCPA probe
It's always juicy news when a major company finds itself embroiled in possible Foreign Corrupt Practices Act (FCPA) violations. Wal-Mart, a big name to be sure, has launched an internal investigation
Patriot Act survey notes big changes
Recall that the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act was signed into law in October 2001. The USA PATRIOT act has been a
5 tips to develop a culture of compliance
So where does a "culture of compliance" come from? Given that 36 percent of the employees who commit fraud come from corporate finance, it makes sense that the CFO should take the lead in making sure
More companies consider compliance committees
Is it time for you to set up a compliance committee? To some degree, this might be a more pressing question depending on the industry you are in. Some companies may have already set up such
SEC eyes Goldman Sachs' Libya deals
Adding to the growing legal pile on top of Goldman Sachs, the bank has acknowledged in a filing that federal investigators are indeed taking a look at whether the bank has violated the Foreign
