undisclosed practices
[/ˌʌndɪsˈkloʊzd ˈpræktɪsɪz/]
noun phrase
práticas não divulgadas
1. business methods, procedures, or activities that are kept secret and not revealed to the public, regulatory authorities, or stakeholders
The company faced scrutiny for undisclosed practices in their manufacturing process.
A empresa enfrentou escrutínio por práticas não divulgadas em seu processo de fabricação.
2. hidden or concealed actions that violate transparency standards or ethical guidelines
Undisclosed practices in the financial sector can lead to regulatory penalties.
Práticas não divulgadas no setor financeiro podem resultar em penalidades regulatórias.
This term is frequently used in Brazilian and American corporate governance, compliance, and journalism to describe potentially unethical or illegal business activities. In Brazil, it's particularly relevant in discussions about corporate transparency (transparência corporativa) and regulatory oversight by agencies like CVM (Comissão de Valores Mobiliários). In the USA, it often relates to SEC (Securities and Exchange Commission) violations and corporate scandals.
NYC Slang
under-the-table practices; shady dealings
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