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The Financial Services Authority (FSA) has heavily criticised investment banks for failing to maintain the right anti-bribery and corruption data, or implement decent preventative systems. The regulator said it was ready to act on those banks that did not comply with the rules, and that some firms could already be in line for penalties. It also issued fresh guidance to the entire financial services industry

With allegations of corruption dogging Wal-Mart executives, here's a look at some of the most prominent cases of corporate bribery throughout history.

Share is Wal-Mart tumbled 4.66 percent Monday after the New York Times exposed rampant corruption by the company's Mexican arm and a cover-up to hide it.