Chicago-based spirits maker Beam Suntory Inc. agreed Monday to pay more than $8 million to resolve Foreign Corrupt Practices Act charges for improper payments by its Indian subsidiary.… Continue Reading
The U.S. Securities and Exchange Commission has warned investment advisers and broker-dealers to comply with the Dodd-Frank whistleblower-protection rule.
The SEC’s office of compliance inspections and examinations said in a risk alert (pdf) it will look for illegal restrictions on individuals communicating with the SEC about potential securities law offenses.… Continue Reading
Anheuser-Busch InBev paid $6 million Wednesday to settle charges that it violated the Foreign Corrupt Practices Act and impeded a whistleblower who reported the misconduct.… Continue Reading
Anheuser-Busch InBev said this week the SEC is investigating its India joint venture for possible FCPA violations.
The Belgium-based beer company said in an SEC filing it is ‘investigating the conduct in question and cooperating with the SEC.’
The India JV is operated by InBev subsidiary Crown Beers India.… Continue Reading