Infant-formula maker Mead Johnson Nutrition Company disclosed a new FCPA investigation in its latest SEC filing.
It said the SEC had asked for documents about its China unit and “certain expenditures” for product promotions that may have violated the FCPA.… Continue Reading
Authorities have stepped up efforts to constrain the behavior of civil servants in their private lives, amid a series of recent sex scandals involving government officials that have rocked China.
The Dadong district government in Shenyang released its first “behavioral norms” prohibiting civil servants from having extramarital affairs, gambling, doing drugs, and spreading rumors online.… Continue Reading
Parental controls: Anti-corruption compliance programs for joint ventures, subsidiaries and franchisees (Part 3)
In this third of an eight-part series on “parental controls,” we explore the types of compliance provisions that should be considered for inclusion in a joint-venture (JV) agreement. You can find Part 2 here and Part 1 here.… Continue Reading
A passport control officer in Dubai accepted bribes to alter exit report records, making it look like nearly 5,300 people left the country between August 2007 and August 2012 when they actually went no where.… Continue Reading
The Financial Action Task Force (FATF) identified jurisdictions that have strategic deficiencies in their anti-money laundering and financing of terrorism controls in a public statement Friday.
The FATF is a membership body that sets the global standards for anti-money laundering (AML) and financing of terrorism (FT) programs and controls.… Continue Reading