Nu Skin Charitable Donation Violates FCPA

Nu Skin 慈善捐款 违反《反海外腐败法》

January 23, 2017 | BY

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The SEC has charged Nu Skin Enterprises of making a Rmb1 million donation to a Chinese official's organization to escape a 2013 AIC licensing probe.美国证券交易委员会指控Nu Skin向中国官员的私人组织投入100万元人民币捐款以逃避2013年工商行政管理局许可执照调查处罚。

By Anna Zhang, The Asian Lawyer

 

Provo, Utah-based cosmetic maker Nu Skin Enterprises Inc. has agreed to pay $765,688 to settle a U.S. Securities and Exchange Commission (SEC) investigation into a questionable charity donation the company made in China in violation of the Foreign Corrupt Practices Act (FCPA).

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