Defendant Name: Rio Tinto PLC

Defendant Type: Public Company
SIC Code: 1081
CUSIP: 76720410

Initial Case Details

Legal Case Name In the Matter of Riot Tinto plc
First Document Date 06-Mar-2023
Initial Filing Format Administrative Action
File Number 3-21335
Allegation Type Foreign Corrupt Practices Act
AAER 4386

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 06-Mar-2023

Related Documents:

34-97049 06-Mar-2023 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On March 6, 2023, the SEC instituted settled cease-and-desist proceedings against Rio Tinto PLC, stating: "This matter concerns Rio Tinto’s violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (the “FCPA”) in connection with a bribery scheme involving a consultant to retain Rio Tinto’s existing mining rights in Guinea."
2023-46 06-Mar-2023 Press Release--Administrative Proceeding
SEC Charges Rio Tinto plc with Bribery Controls Failures
The SEC "announced charges against global mining and metals company, Rio Tinto plc, for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bribery scheme involving a consultant in Guinea. The company has agreed to pay a $15 million civil penalty to settle the SEC’s charges."