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Och-Ziff Pays $412M in Fines to Settle Bribery Charges

October 3, 2016 by Eugene Grygo

Alternative investment and hedge fund manager Och-Ziff Capital Management Group will be paying $412 million in fines and has begun revamping internal procedures as a result of the bribery and operational mismanagement charges brought against it. On Thursday, the firm announced that it has settled criminal and civil cases with the U.S. Department of Justice… Read More >>

Filed Under: Securities Operations, Buy-Side, AML/Fraud/Financial Crime, Regulation & Compliance Tagged With: bribery, Financial Crime, fines, Foreign Corrupt Practices Act (FCPA), Och-Ziff Capital Management Group, SEC, U.S. Department of Justice

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