US watchdog inquiring into Diageo’s ‘business operations in certain markets’
The drinks giant has said it is currently unable to assess whether the inquiry by the Securities and Exchange Commission will evolve into enforcement action
Diageo, the drinks giant behind brands such as Guinness, Tanqueray gin and Smirnoff vodka, has said it is responding to a request for information from the US Securities and Exchange Commission (SEC).
In an interim report released on Thursday, the company said it had “received an inquiry” from the SEC “requesting information relating to Diageo’s business operations in certain markets and to its policies, procedures and compliance environment.”
It said: “Diageo is responding to this ...