Global Investigations Review - The law and practice of international investigations

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FIFA: When internal investigations are hit with last-minute allegations

FIFA: When internal investigations are hit with last-minute allegations

June 03, 2014, GIR

A UK newspaper published fresh allegations of bribery concerning Qatar’s 2022 World Cup bid while FIFA’s internal investigation is only days away from being completed. GIR talks to lawyers about the key decisions investigators need to make in such an event.

SFO won’t seek international cooperation where safety of individuals may be jeopardised

SFO won’t seek international cooperation where safety of individuals may be jeopardised

June 03, 2014, GIR

David Green, director of the UK’s Serious Fraud Office, said today that the agency would take advice before sending letters of request to jurisdictions that have human rights issues attached.

Forex conspiracy “economically implausible”, banks say

Forex conspiracy “economically implausible”, banks say

June 03, 2014, GIR

Investors hoping for their day in court against Bank of America, Deutsche Bank and other leading financial institutions over allegations they conspired to manipulate the $5 trillion-per-day foreign exchange market have failed to allege a real conspiracy or even one that would make economic sense, the banks said in court papers last week.

District Court adopts novel Dodd-Frank anti-retaliation approach

District Court adopts novel Dodd-Frank anti-retaliation approach

June 02, 2014, GIR

The US District Court for the District of Nebraska has ruled whistleblowers can benefit from Dodd-Frank’s anti-retaliation measures without having to report their concerns to the SEC, contradicting the US Court of Appeals in Asadi and other district court rulings.

UK tribunal: an honest mistake is not an excuse

UK tribunal: an honest mistake is not an excuse

June 02, 2014, GIR

The UK’s Upper Tribunal judgment in the market abuse case against former JP Morgan banker Ian Hannam shows that the courts are backing the Financial Conduct Authority to punish even those that make honest mistakes.

DoJ veteran Warren joins Covington

DoJ veteran Warren joins Covington

June 02, 2014, GIR

Phillip Warren, the 12-year head of the Department of Justice’s antitrust field office in San Francisco who spent an entire legal career at the antitrust division, has joined Covington & Burling as a partner.

Morgan Stanley sues to recover former employee’s legal costs

Morgan Stanley sues to recover former employee’s legal costs

May 30, 2014, GIR

Morgan Stanley is attempting to recover US$3.6 million in legal costs that it paid to former broker Darin DeMizio, following his fraud conviction in 2009.

UK’s Cooper Tire trial stops at settlement

UK’s Cooper Tire trial stops at settlement

May 29, 2014, GIR

The UK’s first cartel damage case to go to trial has been cut short after Dow Chemicals reached a settlement with a class of tyre makers. 

ECJ clarifies double jeopardy rules

ECJ clarifies double jeopardy rules

May 29, 2014, GIR

Cross-border double jeopardy protection in the EU will only apply when criminal penalties have been fully enforced, the European Court of Justice has ruled.

"Honest" JP Morgan banker's appeal rejected by UK tribunal

"Honest" JP Morgan banker's appeal rejected by UK tribunal

May 29, 2014, GIR

A tribunal has upheld the UK Financial Conduct Authority’s decision to find a former leading JP Morgan banker guilty of market abuse, despite finding no evidence of actual insider trading.