The UK’s Serious Fraud Office has launched an investigation into suspicions of bribery at mining and commodity trading group Glencore. The SFO said, “it is investigating suspicions of bribery in the conduct of business by
The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars’ in Iranian oil and petrochemical products to East Asia as it seeks to
A newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into
U.S. allies appear committed to following Washington’s lead banning forced labor goods from China’s Xinjiang region, a senior U.S. official told Reuters on Monday, warning companies they could not maintain “deliberate ignorance” about their supply
Two congresswomen made a bipartisan call for companies to take action to comply with a newly operative U.S. law intended to block the import of goods made with Uyghur forced labor. The remarks underscored Congressional
Investing based on environmental, social, and corporate governance (ESG) principles became a $35 trillion industry on the back of a long run-up in stocks that lasted from 2009 until the start of this year. Investors now have to
A federal appeals court has thrown out the 2020 bribery and fraud conspiracy convictions of insurance magnate Greg Lindberg and also consultant John Gray, who were caught on tape offering North Carolina’s insurance commissioner up
There’s now little doubt that the US Securities and Exchange Commission actually means business in its bid to crackdown on misleading claims by managers of ESG funds. Last month, the regulator fined a Bank of
A third man jailed in Britain for bribery over oil deals in Iraq is appealing his conviction after two co-defendants had guilty verdicts quashed in the case prosecuted by the UK Serious Fraud Office (SFO).
Ericsson’s governance woes continued to pile up after the US Securities and Exchange Commission started a probe into the company’s handling of a corruption scandal in Iraq. The SEC “has opened an investigation concerning the
U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government’s economic blacklist as it investigates what it calls efforts by China to evade U.S.
The founder and CEO of a firm that offered consulting services to online sellers pleaded guilty in a scheme to bribe Amazon employees to get their clients’ accounts reinstated and receive other beneficial treatment, according
