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
Medical-waste-management company Stericycle Inc. has agreed to pay about $90 million to settle allegations it violated anti-bribery laws in the U.S. and Brazil, U.S. authorities said Wednesday. The Bannockburn, Ill.-based company faced both criminal and civil charges
Canada said on Wednesday it was imposing sanctions on 203 individuals that it says are complicit in Russia’s attempted annexation of certain areas of Donbas in eastern Ukraine. Canada has now imposed sanctions on nearly
Mastercard said it’s expanding an earlier push to tie executives’ bonuses to the company’s environmental, social and governance goals. The firm will now link all employees’ compensation to those goals after earlier only doing so for
The Office of the Comptroller of the Currency on Thursday said flagship crypto bank Anchorage Digital Bank National Association violated rules for monitoring for suspicious activity and preventing money laundering. The Sioux Falls, South Dakota-based
Russia said on Wednesday (April 13) it had introduced sanctions against 398 members of the US Congress in retaliation against Washington’s punitive measures over Ukraine and said more sanctions would follow. “Taking into account the
A former Vice President of a Pennsylvania, coal company, Mr Hobson, has been arrested for paying bribes to the Egyptian manufacturing business, Al Nasr Company for Coke and Chemicals. The bribe helped to obtain around
A former senior director at Microsoft, Yasser Eladb, has accused Microsoft of bribery in the Middle East and Africa. Eladb recounted a specific case in 2016 involving a questionable $40,000 payment in Africa which he
