Gold mining company Newmont Mining said this week in a securities filing that the Securities and Exchange Commission does not plan to bring an enforcement action in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act.
The SEC this week announced that it has awarded nearly $4 million to a whistleblower who tipped off the agency about serious misconduct and provided additional assistance during the ensuing investigation.
A member of FIFA’s audit and compliance committee pleaded guilty yesterday to charges of wire fraud conspiracy for his participation in multiple schemes to accept and pay bribes to soccer officials, and received a 90-day suspension by FIFA from all football activities at both the national and international level.
LockPath, a provider of governance, risk management and compliance solutions, recently launched a new professional services offering, Keylight Managed Services. This new offering will provide day-to-day GRC program administration support for customers of LockPath’s Keylight Platform.
Integris Software, a privacy intelligence software provider, emerged out of stealth mode by unveiling its new privacy software solution for global enterprises, giving them the ability to meet the most rigid of compliance and global regulatory mandates.
In case companies had any lingering doubt about Foreign Corrupt Practices Act enforcement, Attorney General Jeff Sessions indicated in remarks this week that FCPA enforcement is alive and well. His remarks come a week after Acting Principal Deputy Assistant Attorney General Trevor McFadden similarly pledged support of FCPA enforcement.