Posts Tagged: Anheuser-Busch InBev
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.
Beam resolved the SEC’s civil charges without admitting or denying the allegations.… 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.
The company’s India minority-owned joint venture used third-party sales promoters to make improper payments to government officials in India to increase sales and production, the SEC said.… Continue Reading
A sweeping new company law in India is a major overhaul of the basic rules for corporate operation and an attempt to introduce greater transparency and improved corporate governance.
Like many things in India, there is much hope and even greater questions about the details and effectiveness of the new regime.… Continue Reading
Belgium’s Anheuser-Busch InBev SA/NV said in an SEC filing this week that the DOJ has opened an FCPA investigation of the company.
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.’… Continue Reading