Close

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.

Dun & Bradstreet to pay $9M to resolve FCPA case

Jaclyn Jaeger | April 24, 2018

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.

...
Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.