Newsflash – June 26, 2013

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Top stories:

Deloitte Banned from NY Banking Consulting for 1 Year
OECD Scolds Portugal & Poland on Anticorruption
Inside the Siemens’ Compliance Meltdown
Two Ships That Pass in the (FCPA) Night

This Week’s Highlighted Story:

Deloitte Banned for Lack of Independence
New York Times, June 24, 2013
New York State has imposed a one­year ban on Deloitte from consulting for its banking industry as part of a settlement regarding its work on Standard Chartered­ after emails show a lack of independence and signs that the firm “watered down” its reports.


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