Oracle FCPA SEC - Volkov Law

Podcasts

Episode 253 -- A Deep Dive into the Oracle SEC FCPA Settlement

Oracle Corporation settled its second FCPA case in ten years. It agreed to pay the SEC $23 million to resolve allegations that its subsidiaries in Turkey, India and the United Arab Emirates maintained slush funds to bribe foreign officials. Ten years ago in 2012, Oracle paid the SEC $2 million

General

Oracle's FCPA Violations: A Lesson in Managing Third-Party Distributor Risks (Part II of II)

Oracle's SEC settlement for $23 million underscores the power of the FCPA provisions mandating effective internal controls and accurate books and records. As everyone knows, these provisions can be applied to a wide-range of conduct beyond foreign bribery. The SEC recognizes the power of these provisions and