By Jaclyn Jaeger2015-08-18T15:00:00
The Bank of New York Mellon has agreed to pay $14.8 million to the SEC to settle charges that the bank awarded plum internships to the relatives of Mideast government officials in exchange for business managing those countries’ sovereign wealth funds. “These officials sought, and BNY Mellon agreed to provide, ...
2017-03-14T11:45:00Z By Jaclyn Jaeger
Sharing information and expanding enforcement pipelines are fueling a global crackdown on corruption in general, but especially in the extractive industry.
2016-02-29T09:30:00Z By Jaclyn Jaeger
London-based HSBC said in an earnings release last week that it is one of several banks being investigated by the U.S. Securities and Exchange Commission for its hiring practices in Asia. Hiring a family member or friend of a government official violates the Foreign Corrupt Practices Act if the intent ...
Provided by SAI360
Join this timely and practical webinar as we break down the DOJ’s latest FCPA guidance and explore what these developments mean for compliance programs in the real world.
Site powered by Webvision Cloud