Monday Compliance News - Around the World

GCSG's Monday Compliance News is a compilation of some of the previous weeks interesting trade compliance, anti-bribery/corruption, fraud, and due diligence news bites, from around the world.

Global Trade Growth is About to Slow, Morgan Stanley Says - MH&L

"Signs are pointing to a looming slowdown in global trade growth according to Morgan Stanley.  Each component of the bank's proprietary global trade leading indicator -- save for the U.S. dollar -- declined in April to mark back-to-back drops for the index, which is used to forecast real activity with a one-month lead." (Click here for the article) - Global

Qualcomm settles FCPA charges in hiring case for $7.5 million - The FCPA Blog

"The Securities and Exchange Commission said Tuesday that Qualcomm Incorporated agreed to pay $7.5 million to settle charges that it violated the Foreign Corrupt Practices Act by hiring relatives of Chinese government officials." (Click here for the article) - China, USA