Glencore agrees to pay over US$1.1 billion for commodity price manipulation scheme and FCPA violations
Glencore Ltd, a member of the multi-national commodity trading and mining firm headquartered in Switzerland, has pleaded guilty and agreed to pay US$485 million to resolve the US government’s investigations into a commodity price manipulation scheme. Separately but at the same time, Glencore International AG…
Master of trade-based money laundering extradited to and charged in US
Alleged financier to embattled Venezuelan President Nicolas Maduro, Alex Saab, has been charged in an indictment with laundering the proceeds of violations of the US’ Foreign Corrupt Practices Act (FCPA) in connection with a scheme to pay bribes to take advantage of Venezuela’s government-controlled exchange…
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Trade Based Financial Crime
Trade Based Financial Crime
This online training course provides you with the technical knowledge required to succeed within the trade finance compliance landscape.