Global Investigations Review - The law and practice of international investigations

Antitrust

RCMP superintendent Denis Desnoyers: “We don’t set out to bankrupt a company”

RCMP superintendent Denis Desnoyers: “We don’t set out to bankrupt a company”

July 18, 2017, GIR

Denis Desnoyers, the head of criminal operations for the National Division at the RCMP, discusses processes to resolve blanket privilege claims, interactions between RCMP investigators and Canada’s prosecutorial body, and how the police may act to help limit costs for companies under investigation.

GIR launches the 2017 Due Process Guide

GIR launches the 2017 Due Process Guide

July 06, 2017, GIR

Twenty years after China regained control of Hong Kong, the phrase “one country, two systems” certainly rings true, with the Hong Kong Monetary Authority receiving an A- grade in this year's Due Process Guide while China’s State Administration for Industry and Commerce languishes at the bottom of the list for the second year running.

Canada’s Competition Bureau to overhaul whistleblower programme

Canada’s Competition Bureau to overhaul whistleblower programme

June 20, 2017, GIR

An official at Canada’s Competition Bureau on 16 June outlined major planned changes to its immunity and leniency programmes, in an effort to secure crucial information faster and convince more companies to come forward with information about antitrust crimes

Irish Supreme Court clarifies enforcer’s seizure powers

Irish Supreme Court clarifies enforcer’s seizure powers

May 31, 2017, GIR

Ireland’s highest court has ruled that the country’s antitrust enforcer illegally seized an executive’s entire email account in a 2015 dawn raid, in a judgment that will require the authority to specifically identify what information it is targeting when obtaining search warrants. By Sonya Lalli.

ECJ dismisses banana cartelists’ final appeal

ECJ dismisses banana cartelists’ final appeal

May 03, 2017, GIR

In proving the existence of a cartel, the European Commission can rely on evidence sent by non-competition agencies so long as the evidence was legally sent, the Court of Justice held. By Sonya Lalli.

DG Comp encourages anonymous tip-offs

DG Comp encourages anonymous tip-offs

March 20, 2017, GIR

The EU’s competition watchdog has launched a new programme that will allow whistleblowers to remain anonymous – a move some observers say is the result of a decrease in leniency applications and cartelists’ increasing fear of civil liability.

ECJ clarifies publication of leniency information

ECJ clarifies publication of leniency information

March 16, 2017, GIR

For the first time, the European Court of Justice has held that the European Commission’s public cartel decisions cannot feature verbatim information from the narrative section of leniency applications – and forced the enforcer’s hearing officers to conduct more in-depth reviews of companies’ confidentiality claims.

Citi settles South Africa forex probe

Citi settles South Africa forex probe

February 22, 2017, GIR

Citigroup will pay a 69 million rand (€5 million) fine to resolve its role in South Africa’s foreign exchange rigging investigation, days after the country’s competition enforcer referred a host of banks to the country’s Competition Tribunal alleging they fixed the exchange of the US dollar/rand currency pair.

South Africa prosecutes forex

South Africa prosecutes forex

February 16, 2017, GIR

The Competition Commission of South Africa will seek the maximum possible fines from a raft of banks – including HSBC, JP Morgan Chase and Credit Suisse, but not leniency applicant Barclays – for fixing the exchange of US dollars and South African rand.

The good, the bad and the ugly: tell GIR about the enforcers you work with

The good, the bad and the ugly: tell GIR about the enforcers you work with

February 03, 2017, GIR

GIR wants to hear your views on the due process policies and procedures of the government enforcement agencies and prosecutor’s offices you work with every day. The deadline for the 2017 Due Process Guide survey has been extended to 10 February.