The SEC has announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10m to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned subsidiary, Wirtgen Thailand. The company is an Illinois-based global manufacturer of
SEC hits John Deere with FCPA charges for subsidiary’s role in Thailand
The business revamped its anti-bribery internal controls and policies, and began offering a bimonthly compliance newsletter and compliance-centered podcast.