Global Investigations Review - The law and practice of international investigations

Money laundering

Danske Bank recruits ex-intelligence chief to tackle money laundering

Danske Bank recruits ex-intelligence chief to tackle money laundering

September 07, 2017, GIR

Danske Bank has hired the former head of Denmark's intelligence agency, Jens Madsen, as part of its plans to overhaul the bank's compliance systems amid allegations it helped process transfers from Azerbaijani officials to secretive British companies.

Third Australian regulator to investigate the Commonwealth Bank of Australia

Third Australian regulator to investigate the Commonwealth Bank of Australia

August 29, 2017, GIR

The Australian Prudential Regulatory Authority will open an inquiry into governance issues at the Commonwealth Bank of Australia, following allegations the bank breached the country's anti-money laundering laws.

The Investigator's Guide to Canada: updated

The Investigator's Guide to Canada: updated

August 22, 2017, GIR

During GIR's last visit in 2015, Canadian lawyers were preparing themselves for more aggressive enforcement of white-collar crime. While it hasn't exactly panned out like that, GIR set out to find what has changed in the past two years.

Canada's investigations bar

Canada's investigations bar

August 21, 2017, GIR

In May, GIR travelled to Canada - with stops in Toronto, Montreal and Ottawa - for the first time since 2015. Here we present the best investigations firms and individual practitioners in the local market.

Will Canada end secret corporate ownership?

Will Canada end secret corporate ownership?

August 18, 2017, GIR

Lincoln Caylor of Bennett Jones in Toronto looks at how the Canadian government should balance the desire for transparency in corporate beneficial ownership and the consequent concerns over privacy.

FCA opens money-laundering investigation into RBS

FCA opens money-laundering investigation into RBS

August 08, 2017, GIR

The Royal Bank of Scotland revealed on 4 August that it is under investigation by the UK Financial Conduct Authority over its compliance with UK anti-money laundering rules.

Russian national indicted in US over Bitcoin-based money-laundering scheme

Russian national indicted in US over Bitcoin-based money-laundering scheme

July 27, 2017, GIR

US authorities have fined a bitcoin company US$110 million and pressed criminal charges against its operator, who was arrested in Greece this week, over allegations the company laundered billions in criminal proceeds from around the world.

HSBC monitor report ruling unlikely to trigger political debate

HSBC monitor report ruling unlikely to trigger political debate

July 19, 2017, GIR

There's little appetite on Capitol Hill to consider granting courts more oversight in settlements following a recent US appeals court ruling that restricts the power of judges to interfere in DPAs, lawyers have told GIR.

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.

Singapore court convicts BSI banker

Singapore court convicts BSI banker

July 14, 2017, GIR

A Singapore court has sentenced a former BSI banker to 54 months in jail for money-laundering charges in connection with funds allegedly embezzled from Malaysia’s 1MDB – the longest for an individual to date.