Global Investigations Review - The law and practice of international investigations

News

Jones Day adds Akin Gump investigations partner

July 15, 2014, GIR

Jones Day has hired former Manhattan federal prosecutor Samidh Guha to its securities litigation and SEC enforcement practice in New York.

World Cup ticket sales investigation highlights due process problem

World Cup ticket sales investigation highlights due process problem

July 14, 2014, GIR

A company caught up in a Brazilian investigation of alleged illegal sales of World Cup hospitality tickets has complained about an illegal leak of evidence to the media, which local lawyers warn is a frequent problem in Brazil.

IOSCO to recommend uniform corporate penalties

IOSCO to recommend uniform corporate penalties

July 14, 2014, GIR

The International Organization of Securities Commissions will recommend that governments harmonise corporate penalties worldwide to reduce inconsistencies across jurisdictions and avoid jurisdiction-shopping.

Cleary partner moves to hedge fund

July 14, 2014, GIR

Cleary Gottlieb Steen & Hamilton partner and former SEC general counsel David Becker has joined hedge fund Och-Ziff as chief legal and compliance officer.

Citigroup agrees US$7 billion settlement with DoJ

Citigroup agrees US$7 billion settlement with DoJ

July 14, 2014, GIR

Citigroup has agreed to pay US$7 billion to US authorities to settle charges that it sold faulty residential mortgage-backed securities, making it the fourth largest settlement in history.

NPA and DPA settlements soar in 2014

NPA and DPA settlements soar in 2014

July 11, 2014, GIR

US enforcers have levied US$3.6 billion in penalties through non-prosecution agreements and deferred prosecution agreements so far this year, topping the US$2.9 billion taken in 2013, according to a report by Gibson Dunn & Crutcher.

Walmart fights order to reveal FCPA documents

Walmart fights order to reveal FCPA documents

July 11, 2014, GIR

Walmart has argued in court that plaintiffs should be blocked from accessing certain documents linked to its internal investigation of foreign bribery because they “indisputably fall within the protections of the attorney-client privilege”.

FCA enforcement on the rise in 2013/14

FCA enforcement on the rise in 2013/14

July 11, 2014, GIR

The UK’s FCA issued fines totalling a record £425 million in the last financial year, as the agency begins to address criticisms aimed at its predecessor over a lack of enforcement.

Schiff Hardin recruits Chicago prosecutor

July 11, 2014, GIR

Chicago Assistant US Attorney Andrew Porter has returned to Schiff Hardin in Chicago, after spending 15 years in the US Attorney’s Office for the Northern District of Illinois.

UK to introduce emergency data retention law

UK to introduce emergency data retention law

July 10, 2014, GIR

UK Prime Minister David Cameron has announced the introduction of new legislation that will ensure enforcement agencies can access data held from communications companies for the purpose of investigating criminal activity.