The Federal Communications Commission fined Siemens Corporation and Siemens Medical Solutions $175,000 Thursday for failing to disclose corporate felony convictions as required by the FCC's rules.
The U.S. Commodity Futures Trading Commission fined a Russia bank $6 million Monday for executing "fictitious and noncompetitive" Russian Ruble - U.S. dollar futures contracts on the Chicago Mercantile Exchange.
The launch date of the new ISO 37001 Anti-Bribery Management System standard is close, with release expected in October.
In the prior post I talked about enforcement efforts that lagged in the Netherlands but are now gaining more traction. This post will cover recent amendments to the Dutch Criminal Code that are helping authorities prosecute overseas bribery, and Dutch civil remedies used to fight graft.
The SEC Tuesday awarded a whistleblower more than $4 million for original information that alerted the agency to a fraud.
I cringe when compliance teams rely solely on Google to investigate and make decisions.
For just the second time in the Foreign Corrupt Practices Act's 39-year history, a company was charged with FCPA offenses based solely on a charitable contribution that was intended to buy the influence of a foreign official.
The FCPA Blog will be in New York City on October 26 and I hope you'll be there too.
Considering the ever-higher fines for getting it wrong, why wouldn’t you certify your anti-bribery program?
Employer: International Rescue Committee
Location: New York, NY, USA
Employees at Wells Fargo opened about two million deposit and credit card accounts that customers didn't authorize. Why? To earn incentive compensation for new accounts.