{"version":"1.0","provider_name":"Customs &amp; International Trade Law Firm","provider_url":"https:\/\/diaztradelaw.com","author_name":"Jennifer Diaz","author_url":"https:\/\/diaztradelaw.com\/author\/jen\/","title":"Goldman Sachs Pays $2.9 Billion in FCPA Settlement - Customs &amp; International Trade Law Firm","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"Aj3G6AG3XD\"><a href=\"https:\/\/diaztradelaw.com\/goldman-sachs-pays-2-9-billion-in-fcpa-settlement\/\">Goldman Sachs Pays $2.9 Billion in FCPA Settlement<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/diaztradelaw.com\/goldman-sachs-pays-2-9-billion-in-fcpa-settlement\/embed\/#?secret=Aj3G6AG3XD\" width=\"600\" height=\"338\" title=\"&#8220;Goldman Sachs Pays $2.9 Billion in FCPA Settlement&#8221; &#8212; Customs &amp; International Trade Law Firm\" data-secret=\"Aj3G6AG3XD\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/diaztradelaw.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","description":"Co-Authored by Sharath Patil Largest FCPA Settlement to Date The U.S. Securities and Exchange Commission (\u201cSEC\u201d) and the U.S. Department of Justice (\u201cDOJ\u201d) announced in October that Goldman Sachs Group, Inc. (\u201cGoldman Sachs\u201d) agreed to pay $2.9 billion as part of a settlement agreement. The settlement was a result of the agencies\u2019 enforcement action after they learned that Goldman Sachs had allegedly paid $1.6 billion in bribes to officials in Malaysia and the United Arab Emirates (\u201cUAE\u201d) to secure its position as the underwriter of $6.5 billion in three bond deals with 1Malaysia Development Berhad. The settlement constitutes the largest Foreign Corrupt Practices Act (\u201cFCPA\u201d) settlement ever recorded."}