All South Africa articles – Page 2

  • Blog

    Recovering from an ethical scandal

    2017-10-11T12:30:00Z

    How does a company restore its reputation after an ethical failure? Tom Fox explores how KPMG will react after its faulty audits of the embattled Gupta family.

  • Blog

    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

    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.

  • Blog

    The ‘I did not apply my mind’ defense to insider trading

    2016-06-02T10:30:00Z

    Enforcement blogger Bruce Carton looks at a recent insider trading case, in which South Africa’s securities regulator agreed to reduce the defendant’s penalty because he claimed he “did not apply his mind to the applicable legislation at the time of the trading” but was now deeply sorry for his actions.