Garth R. Peterson, a managing director in Morgan Stanley’s real estate investment and fund advisory business in China, pleaded guilty today to a one-count criminal information charging him with conspiring to evade internal accounting controls that Morgan Stanley was required to maintain under the FCPA.… Continue Reading
Posts Tagged: Morgan Stanley
In an SEC filing this week, global real estate services firm CB Richard Ellis (CBRE) disclosed possible FCPA violations in China.
It said payments by employees for entertainment and gifts to Chinese government officials were discovered during an internal investigation.… Continue Reading
We count seven Foreign Corrupt Practices Act enforcement actions since the start of the year, including indictments, pleas and settlements, along with one newly disclosed investigation. Four of the enforcement actions involve individuals, and four relate to KBR.… Continue Reading
In an SEC filing this week, Morgan Stanley disclosed (here) that it’s investigating possible Foreign Corrupt Practices Act violations in China. The bank said in a short statement that “it has recently uncovered actions initiated by an employee based in China in an overseas real estate subsidiary that appear to have violated the Foreign Corrupt Practices Act.… Continue Reading