In this episode, the SEC announced another FCPA settlement in 2022. FCPA enforcement, in general, is picking up. Tenaris, a global supplier of steel pipes and related services for the energy industry, agreed to pay the SEC $78 million to resolve FCPA violations in Brazil. The US Department of Justice closed its investigation without bringing charges.
Michael Volkov reviews The Tenaris SEC FCPA Settlement in Compliance Podcast Network.