The Securities and Exchange Commission said Tuesday that Qualcomm Incorporated agreed to pay $7.5 million to settle charges that it violated the Foreign Corrupt Practices Act by hiring relatives of Chinese government officials.… Continue Reading
Olympus Corporation of the Americas said Tuesday it settled two separate U.S. investigations, including one involving Foreign Corrupt Practices Act offenses.
The company’s Latin America unit agreed to pay $22.8 million to resolve criminal allegations that it violated the FCPA.… Continue Reading
In the February 23 edition of the Harvard Business Review, two professors from the London Business School argue that “performance-based pay can actually have dangerous outcomes for companies that implement it.” … Continue Reading
Akamai Technologies, Inc. said in its annual report Monday the internal investigation it started a year ago into sales practices in a country outside the U.S. is ongoing and includes a review of FCPA compliance.… Continue Reading
The International Anti-Corruption Academy (IACA) in Austria is currently welcoming applications from anti-corruption and compliance professionals around the world for two of its flagship program.
The IACA is accepting applications until March 15 for its sixth annual Summer Academy, which will take place from July 1 to 8 at the IACA campus near Vienna.… Continue Reading