From Avon Products Inc’s Form 10-Q filed with the SEC on August 1, 2012:
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As previously reported, we have engaged outside counsel to conduct an internal investigation and compliance reviews focused on compliance with the Foreign Corrupt Practices Act (‘FCPA’) and related U.S.… Continue Reading
Gutter oil, or cooking oil repurposed from kitchen refuse, is so toxic that manufacturing and selling it are crimes punishable by death in China.
Last month, state media reported pharmaceutical companies had been called upon to investigate their suppliers following claims that some companies had used gutter oil in the manufacturing process for antibiotics.… Continue Reading
The government investigation into the Reserve Bank of Australia led last week to RBA’s subsidiary, Austrade, and allegations of massive bribes paid to a Vietnamese spy by his Australian lover.
It was an odd event a few weeks ago when the U.K.’s Serious Fraud Office removed some Bribery Act guidance from its website without explanation.
The deleted guidance dealt with self reporting, corporate hospitality, and facilitating payments.… Continue Reading