Defendant Name:
Rio Tinto PLC
Defendant Type:
Public Company
SIC Code:
1081
CUSIP:
76720410
Document Reference:
34-97049
Document Details
Legal Case Name
In the Mater of Rio Tinto PLC
Document Name
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
Document Date
06-Mar-2023
Document Format
Administrative Proceeding
AAER
4386
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$15,000,000.00
Shared: