Financial Regulatory Forum

New U.S. court rulings may add to costs, risks of finance industry regulatory enforcement

By Guest Contributor
June 26, 2012

By Stuart Gittleman

NEW YORK, June 26 (Thomson Reuters Accelus) - Two court rulings last week may raise the enforcement burden for the financial services industry and its regulators.

Foreign bribery fines and settlements: who should get the money?

By Guest Contributor
May 9, 2012

By Luke Balleny

NEW YORK, May 9 (Thomson Reuters Foundation) – ‘Share and share alike,’ some parents love to tell their offspring. But when it comes to fines or settlements from foreign bribery cases, the issue of sharing is a contentious one.

Wal-Mart bribery scandal seen undermining effort to soften U.S. anti-corruption statute

By Guest Contributor
May 2, 2012

By Brett Wolf

ST. LOUIS, May 2 (Thomson Reuters Accelus) – News that Wal-Mart may have tried to cover up bribes paid by its Mexico unit will make it difficult for Congress to weaken an anti-bribery statute loathed by the U.S. business community, at least in the short term, sources say.

U.S. anti-corruption setbacks seen having little impact on company strategies

By Guest Contributor
February 23, 2012

By Brett Wolf

NEW YORK, Feb. 23 (Thomson Reuters Accelus) - The U.S. Justice Department has suffered a string of setbacks in its efforts to enforce the Foreign Corrupt Practices Act, including two this week, but it retains sufficient leverage to persuade companies to settle bribery allegations without a legal fight, sources said.

ANALYSIS-Companies could get caught in Asia as corruption rules tighten

By Reuters Staff
January 21, 2011

By Rachel Armstrong

SINGAPORE, Jan 20 (Reuters) – Multinational firms trying to get a bigger piece of the Asia growth story face a rising risk of becoming embroiled in corruption scandals unless they enforce stricter compliance norms and new regulations.