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
File Number 3-21335
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:    

Related Documents:

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."