Anti-Corruption/ FCPA and International Trade – this week’s update includes Avon’s bribery probe, U.K’s manufacturing grows more than forecast on exports and more.
Avon reaches outline of bribery probe deal, would pay $135 million by Phil Wahba Published on Reuters
Avon Products Inc (AVP.N) said on Thursday that it had reached a preliminary deal with the U.S. Department of Justice and the U.S. Securities and Exchange Commission to resolve a years-long probe into the beauty products company’s overseas business development practices… [ Read More ]While much attention is paid to the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act, an array of other anti-corruption laws apply to multinational companies… [ Read More ]
U.K. Manufacturing Grows More Than Forecast on Exports: Economy by Jennifer Ryan Published on Reuters
U.K. manufacturing grew more than economists forecast in April as output surged to an eight-month high and exports increased.A Purchasing Managers’ Index advanced to 57.3 from 55.8 in March, Markit Economics said in a statement in London today… [ Read More ]
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