The Securities and Exchange Commission announced on Monday that Dun & Bradstreet, a commercial data and analytics provider, will pay $9 million for violations of the Foreign Corrupt Practices Act arising from improper payments made by two of its indirect Chinese subsidiaries, Shanghai Huaxia Dun & Bradstreet Business Information Consulting (HDBC) and Shanghai Roadway D&B Marketing Services (Roadway). Meanwhile, the Department of Justice said it has declined prosecution “consistent with the FCPA Corporate Enforcement Policy.”
In March 2012, Dun & Bradstreet first announced that it had “suspended” its Roadway operations in China, “pending an investigation into allegations that its data collection practices may have violated local Chinese consumer data privacy laws.” In its annual report filed on Feb. 22, the company announced it had subsequently ceased all operations of Roadway.
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