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Walmart Touts Compliance Improvements in New Report

Joe Mont | April 27, 2015

In its second annual “Global Compliance Program Report,” Walmart details the compliance enhancements it has made in recent months. Among them: improved training for its 2,000-employee global compliance program, investing $40 million in new technology, centralizing the oversight of license and permit applications, and conducting compliance-related spot checks at more than 5,500 retail locations

The report, covering the company’s fiscal year that ended on Jan. 31, is required by its audit committee in response to a wave of bribery, corruption, and permit-related allegations regarding stores in...

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