BNY Mellon Pays $15 Million to Settle FCPA Charges
Yesterday, August 18, 2015, the Securities and Exchange Commission (SEC) announced that it had reached a settlement agreement with Bank of New York Mellon (BNY Mellon). The two parties settled charges related to Foreign Corrupt Practices Act (FCPA) violations. The SEC alleged that the bank violated domestic anti-bribery laws by providing internships to family members […]
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