This previous post went in-depth into the SEC’s Foreign Corrupt Practices Act enforcement action against AB InBev.
This post continues the analysis by highlighting additional issues to consider from the enforcement action.
Per the SEC’s order, the SEC began its inquiry in October 2011.
Thus from start to finish, AB InBev’s FCPA scrutiny lasted just shy of five years.
It is absolutely inexcusable on any level for FCPA scrutiny to last five years. If the SEC wants the public to view its FCPA enforcement program as legitimate, credible, and effective, it must resolve instances of FCPA scrutiny much faster.