Multinational companies doing business in China are facing the escalating enforcement of its privacy and data protection laws. In our latest podcast, we spoke to privacy layers with the law firm Morrison & Foerster—Paul McKenzie in Beijing, Dan Levison in Singapore, and Miriam Wugmeister in New York—about China's privacy laws, the risks, and how to address them.
Listen to the podcast. (8 min., 4.6 Mb)
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Exelon and its subsidiary Commonwealth Edison agreed to pay $46.2 million as part of a settlement with the Securities and Exchange Commission related to their Illinois bribery and lobbying scandal that previously earned ComEd a deferred prosecution agreement.
Chemical company Albemarle was assessed penalties totaling more than $218 million as part of settlements with the Department of Justice and Securities and Exchange Commission addressing alleged violations of the Foreign Corrupt Practices Act across a handful of foreign countries.
Clear Channel Outdoor Holdings agreed to pay more than $26 million as part of a settlement with the Securities and Exchange Commission alleging its former China-based subsidiary bribed government officials to obtain outdoor advertising contracts.
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