All McKinsey articles

  • McKinsey
    Article

    McKinsey affiliate to pay $18M for poor handling of nonpublic information

    2021-11-19T18:33:00Z

    MIO Partners, a wholly owned subsidiary of management consulting firm McKinsey & Company, has agreed to pay an $18 million penalty for failing to maintain adequate policies and procedures to prevent the misuse of material nonpublic information.

  • Blog post

    Compliance and unethical business practices down the chain

    2017-11-08T09:30:00Z

    The fallout from the KPMG and McKinsey scandals in South Africa has led to backlash from customers—including Barclay’s and Munich Re—demonstrating not only the potential reputational harm for engaging in unethical business practices, but the real risk for losing business opportunities.

  • Blog post

    A promise to pay can be an FCPA violation

    2017-09-27T10:30:00Z

    The South African imbroglio involving the Gupta family and their relationship to the current President of the country continues to be a sinkhole of reputational kryptonite. Tom Fox reports.

  • Blog post

    McKinsey and KPMG face blowback in South Africa

    2017-09-17T18:15:00Z

    Reports indicate both the international consultancy McKinsey and the international accounting firm KPMG have come under scrutiny for their work for the Gupta family and may be forced to self-disclose their findings to the U.S. government for potential FCPA violations.