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Showing 1 - 6 of 6 results for "Foreign Corrupt Practices Act"

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... Avon has also been named one of the most ethical companies. In 2014, it plead guilty to violating foreign corrupt practices act and was fined $135 million for attempting to conceal $8 million in gifts, cash and non-business meals, travel and entertainment ...

Deutsche Bank fined for alleged bribery

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
... third-party intermediaries. Deutsche Bank has agreed to pay more than US$120 million for violations of the Foreign Corrupt Practices Act (FCPA). According to the SEC, the bank engaged foreign officials, their relatives and associates as third-party intermediaries ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
... to help a Turkish client win a government contract to build the power plant in violation with the Foreign Corrupt Practices Act. On behalf of the Turkish energy company, Berko funnelled at least US$2.5 million to a Ghana-based intermediary to pay the ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Low is facing charges in New York for conspiring to launder money and conspiring to violate the Foreign Corrupt Practices Act but is still at large.

Credit Suisse under investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
... requests" from governmental and regulatory authorities in regards to potential violations of the US' Foreign Corrupt Practices Act and other civil statutes. The Department of Justice and the US Securities and Exchange Commission are among those investigating ...

JPMorgan Chase to pay bribery fines

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
... in Asia Pacific by employing relatives and friends. The hiring actions were in violation of the Foreign Corrupt Practices Act (FCPA). JPMorgan is also expected to pay US$72m to the Justice Department and US$61.9m to the Federal Reserve Board of Governors ...
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