Foreign Corrupt Practices Act: Investigations Dataset

Investigation Name: Investigation into Barclays' Activities in Asia

Trend: Financial Industry Referral Hiring Practices

Type of investigation: SEC, DOJ

Other Agencies Investigating/Assisting with SEC/DOJ Investigation: Unknown

Whistleblower: Unknown

Summary

Barclays PLC (Barclays) was a bank holding company, headquartered in London, U.K. Through its subsidiaries, Barclays provides various financial services, including investment banking, wealth management, and the sale and offer of securities. Barclays' American Depositary Receipts were registered with the SEC and traded on the New York Stock Exchange.

According to its July 29, 2016 6-K filing, Barclays was cooperating with the DOJ and SEC in relation to an investigation into certain of its hiring practices in Asia and elsewhere and was keeping certain regulators in other jurisdictions informed.

In its 6-K filed on August 1, 2019, Barclays stated that it was in advanced negotiations to resolve the matter.

On September 27, 2019, the SEC initiated an enforcement action against Barclays.

Though Barclays never disclosed a specific resolution of the DOJ investigation into the company's hiring practices in Asia, Barclays appears to indicate in its 20-F filed on February 13, 2020 that the company's settlement with the SEC fully resolved the matter. Thus, it appears that this investigation is complete.

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| Investigations Dataset

Investigations Dataset

Information & Summary

Investigation into Barclays' Activities in Asia

Information & Summary

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