Global Investigations Review - The law and practice of international investigations


Beware the benchmark

November 21, 2013, GIR

Antitrust enforcers in Europe and elsewhere have taken to grouping benchmarking investigations together by seemingly common features and markets. Lynda Martin Alegi and Grant Murray, from Baker & McKenzie, say this approach may be completely wrong.

JPMorgan in US$13 billion settlement

November 20, 2013, GIR

JPMorgan has agreed to pay US$13 billion for making serious misrepresentations to the public, including investors, about residential mortgage-backed securities.

OLAF/Italy joint investigation exposes fraud

November 20, 2013, GIR

The European Anti-Fraud Office (OLAF) and Italy’s Guardia di Finanza have uncovered a €9 million fraud involving development projects in Africa.

James Cole: FCPA enforcement is not a game of “gotcha”

November 20, 2013, GIR

The US deputy attorney general says the Department of Justice prefers prevention to prosecution – but will throw the book at companies that play legal games with its investigations teams.

Lawyer moves to London after mystery Russia expulsion

November 20, 2013, GIR

Thomas Firestone, a Baker & McKenzie lawyer who was expelled from Russia earlier this year, has joined the firm’s London compliance and risk practice.

UK FCA whistleblowing up by 23 per cent

November 19, 2013, GIR

The UK’s Financial Conduct Authority (FCA), which regulates financial services, received 4,718 calls from September 2012 to August 2013, an increase of almost a quarter compared to the same period in 2011/12.

Banks face second Forex class action

November 19, 2013, GIR

South Korean circuit maker Simmtech has filed an antitrust lawsuit in the Southern District of New York.

Whistleblower submissions up 1,000 per cent since 2011

November 19, 2013, GIR

Whistleblowers from outside the US are most likely to come from the UK, Canada or China, according to the Dodd-Frank whistleblower programme annual report published this week.

Banks not listening to our compliance warnings, says DoJ official

November 19, 2013, GIR

The US Department of Justice (DoJ) is scrutinising compliance efforts made by financial services companies, according to deputy attorney general James Cole.

Lawyer accused of bribery says Chevron offered “gift” to military

November 18, 2013, GIR

A lawyer accused of bribing a judge to secure US$18.1 billion in damages against Chevron says the energy company used its close relationship with the Ecuadorean military to “improperly influence the court”.