The SEC said in an enforcement order Thursday that Sweden’s Telia Company AB will disgorge $457 million to resolve FCPA violations in Uzbekistan.… Continue Reading
Swedish telephone firm Telia Company AB agreed Thursday to pay $548.6 million in criminal penalties to resolve FCPA offenses in Uzbekistan.
An Uzbek subsidiary, Coscom LLC, agreed separately to plead guilty.… Continue Reading
There are currently six companies based in Canada that have disclosed open and ongoing FCPA-related investigations.
The companies are from the Engineering and Construction, Gaming, Auto Parts, Mining, Manufacturing, and Asset Management industries.… Continue Reading
The Treasury Department’s Financial Crimes Enforcement Network issued an advisory Wednesday to alert banks about graft money flowing out of Venezuela.
The FinCEN advisory set out “financial red flags” to help banks spot and report “suspicious activity that may be indicative of corruption.”… Continue Reading
The U.S. Securities and Exchange Commission said Wednesday hackers broke into its electronic document storage system last year.
The hackers may have traded on information they found, the SEC said.