Articles Posted in Foreign Corrupt Practices Act

To settle civil and criminal charges alleging violations of the Foreign Corrupt Practices Act, JPMorgan Chase (JPM) will pay more than $264M: $130M to the U.S. Securities and Exchange Commission, $72M to the U.S. Department of Justice, and $61.9M to the Federal Reserve Board of Governors. The settlements come following…

The Securities and Exchange Commission is charging Avon Products Inc. with Foreign Corrupt Practices Act violations. The regulator claims that the global beauty products company did not put into place controls that could have allowed it to detect and stop gifts and payments made to Chinese government officials. To settle…