Kinross and internal controls

The Securities and Exchange Commission has resolved an Foreign Corrupt Practices Act enforcement action involving Canadian-based gold and silver mining company Kinross Gold Corp. The action was a civil matter, and there was no evidence of bribery presented in the SEC Order; it was rather a violation of the FCPA’s internal controls provisions, for which Kinross has agreed to pay a civil fine of $950,000.

---

Learn More

Already a member? Sign in to an existing account.