SEC Resolves FCPA Case with 3M Involving China for $6.5 Million

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Friday, September 1, 2023
Author: 
Bruce Zagaris
Volume: 
39
Issue: 
10
Abstract: 

On August 25, 2023, the Securities and Exchange Commission (SEC) settled charges against 3M Company for violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA) with regard to activities by its Chinese subsidiary.