Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Credit Suisse discloses FCPA investigation

Jaclyn Jaeger | February 14, 2018

Credit Suisse Group said it has been responding to requests from “certain governmental and regulatory authorities” concerning potential violation of the Foreign Corrupt Practices Act regarding its hiring practices in the Asia Pacific region.

In an earnings release, the company said that the Department of Justice and Securities and Exchange Commission are among the agencies investigating it. Specifically, the agencies are investigating “whether Credit Suisse hired referrals from government agencies and other state-owned entities in exchange for investment banking business and/or regulatory approvals Credit Suisse said it’s cooperating with the authorities on this matter.”

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.