Tagged: Credit Suisse FCPA violations

Credit Suisse Pays $76 Million for Sons and Daughters FCPA Violations in China (Part I of II)

Credit Suisse Group AG and its Hong Kong subsidiary settled FCPA charges with the Justice Department and the Securities and Exchange Commission.  The Justice Department announced that Credit Suisse’s Hong Kong subsidiary agreed to pay $47 million in exchange for a non-prosecution agreement (NPA) for FCPA violations involving hiring of friends and families of Chinese officials to win investment banking business (here).  The SEC announced...