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Tool giant Stanley Black & Decker reveals possible foreign bribery violations

Woman working in a Stanley Black & Decker factory
Photo: Stanley Black & Decker

International transactions raise concerns over compliance with the Foreign Corrupt Practices Act.

The toolmaker Stanley Black & Decker reported last week that the company has identified international transactions that may have violated US anti-bribery laws. The information was displayed in the company’s annual report, which referenced ‘questionable transactions’ among its international operations.

Stanley Black & Decker found “certain transactions relating to