July 20, 2020 - Internal Audit 360

Regulators Release Updated FCPA Resource Guide

On July 20, 2020 By Stephanie Liu

The Department of Justice and the Securities and Exchange Commission released the second edition of the Resource Guide to the Foreign Corrupt Practices Act on July 3, its first update in eight years. The resource guide details the government’s expectations for an internal control system, highlighting that it should “take Read More

Illinois Utility to Pay $200 Million to Settle Bribery Charges

On July 20, 2020 By Stephanie Liu

The largest electric utility in Illinois, Commonwealth Edison Company (ComEd), has agreed to a $200 million settlement with the District Attorney’s Office of the Northern District of Illinois to resolve a bribery investigation. ComEd admitted to monetary payments and arranging jobs and subcontracts for associates of longtime Illinois house speaker, Read More

Day: July 20, 2020

Regulators Release Updated FCPA Resource Guide

Illinois Utility to Pay $200 Million to Settle Bribery Charges

TD Bank to Pay $3B in Plea to Settle Money-Laundering Case

Chartered IIA Releases New Internal Audit Code of Practice

The IIA Names Terry Grafenstine as New Chair of Its Global Board

Silvergate Settles SEC Charges for Compliance Failures

Supreme Court Curbs SEC’s Use of In-House Tribunals

University Internal Auditor Awarded $3M in Wrongful-Termination Case