12.07.2011 - New rules: Sovereign fund pprobe awakens financial firms to corruption risk
The SEC is investigating financial firmsí dealings with sovereign-wealth funds and foreign pension funds, with a focus on the agents and intermediaries that helped connect them. Private equity firms are rethinking their roles in guiding the anti-corruption policies of portfolio companies. And due diligence now means vetting transactions for corruption issues through the lenses of the Foreign Corrupt Practices Act and the U.K. Bribery Act..............................................Full Article: Source
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