The SEC charged big pharma company, Sanofi, for violating the FCPA’s books and records and internal accounting controls provisions, and allegedly paying bribes across the Middle East and in Kazakhstan to gain more business opportunities. Sanofi had their sales people… Read more >
On top of the numerous accounts of noncompliance Danske bank has recently been involved with, French court Tribunal Grande Instance de Paris has charged the bank for its relationship to a $230 million money laundering scheme at its Estonian location… Read more >
In Paris, a Latvian bank, Rietumu Banka, was fined 80 million euros ($91 million USD) for participating in a money laundering scheme involving at least 200 million euros and has also been barred from operating in France for five years…. Read more >