US - Walmart pays $282 million to settle FCPA charges

In another books and records case, the SEC announced on 20 June 2019 that Walmart agreed to pay a total of $282 million to settle FCPA charges brought by both the SEC and DOJ. According to the SEC's order, Walmart, which is listed on the NYSE, failed to sufficiently investigate or mitigate certain anti-corruption risks and allowed subsidiaries in Brazil, China, India, and Mexico to employ third-party intermediaries who made payments to foreign government officials without reasonable assurances