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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Walmart FCPA Costs Reach $675 Million
Walmart disclosed in an earnings call that its costs for potential violations of the Foreign Corrupt Practices Act have well surpassed the half-billion dollar mark, reaching a whopping $675 million. To date, the retail giant has spent $63 million in total FCPA-related expenses in fiscal year 2016. Details inside.
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