A Russian telecommunications services company agreed to settle SEC charges for violating anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act.
CFTC Division of Enforcement Director James McDonald pledged to enforce Commodity Exchange Act provisions that encompass foreign corrupt practices and issued an "Enforcement Advisory" on cooperation and self-reporting in such cases.
A U.S. company agreed to settle SEC charges for violating the Foreign Corrupt Practices Act. Separately, the DOJ announced the indictment of two of the company's former executives for violating the Act's anti-bribery and accounting provisions.
The U.S. District Court of the Southern District of Florida sentenced a former Swiss bank executive to prison for laundering $1.2 billion worth of stolen funds from Venezuela's state-owned oil company.
A Brazilian oil and gas company agreed to settle DOJ and SEC charges concerning the misrepresentation "of assets, infrastructure projects . . . and the nature of its relationships with its majority shareholder, the Brazilian government."
The former CEO of a Chilean-based chemical and mining company agreed to settle SEC charges for violating the books and records and internal accounting control provisions of the Foreign Corrupt Practices Act.