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Glencore Penalized $1B+ via Corruption Cases

June 2, 2022 by Eugene Grygo

Glencore Penalized $1B+ via Corruption Cases

Glencore International A.G. and Glencore Ltd., which are part of a commodity trading and mining firm based in Baar, Switzerland, have admitted their guilt in sprawling schemes of foreign bribery and market manipulation that led to market advantages but also scandal, plea bargains, and a billion-dollar fine. Among many authorities across the globe, the complex… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Risk Management, Governance, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: bribery, CFTC, commodity risk management, compliance, data management, derivatives, Foreign Corrupt Practices Act (FCPA), operational risk, price fixing, Securities Operations, U.S. Department of Justice

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