- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
As recent enforcement actions in Malaysia and Latin America have shown, the U.S. government must remain the world’s leader in the worldwide fight against the global scourge of corruption. Tom Fox has more.
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Illinois-based manufacturer John Deere will pay approximately $10 million in penalties and disgorgement to the Securities and Exchange Commission for violating the Foreign Corrupt Practices Act with bribes paid by a Thai subsidiary.
Massachusetts-based technology company Circor International settled charges with the Securities and Exchange Commission regarding deficient internal accounting controls without paying a fine.
The Department of Justice declined to prosecute Boston Consulting Group for allegedly bribing Angolan officials in violation of the Foreign Corrupt Practices Act, citing the firm’s prompt self-disclosure and timely remediation.
