November 13, 2014, GIR
SBM Offshore’s decision to simultaneously notify Dutch and US authorities at the beginning of its internal investigation set the tone for how the case unfolded, says Tim Dickinson, who worked on the case.
November 12, 2014, GIR
UK, US and Swiss enforcers have announced forex settlements amounting to US$4.3 billion in relation to compliance failures at six international banks, but civil, criminal and antitrust investigations of alleged benchmark manipulation continue around the globe.
November 05, 2014, GIR
The Siemens corruption investigation and settlement saw unprecedented international cooperation between government enforcers in the US and Germany. David Vascott talks to the lawyers who made it happen.
November 04, 2014, GIR
FCPA Lawyers have expressed strong support for the Supreme Court review of a crime-fraud exception case which has “scary” consequences for attorney-client privilege.
November 03, 2014, GIR
Scott Muller, Angela Burgess and John Banes at Davis Polk & Wardwell led negotiations on behalf of Siemens in the company’s 2008 FCPA settlement with the US government. Here, they talk to David Vascott about how that settlement was reached.
October 28, 2014, GIR
The SEC’s US$5.1 million FCPA settlement with drilling company Layne Christensen is “concrete evidence” of the advantages of cooperation, lawyers say.
October 24, 2014, GIR
Carrying out internal corporate investigations to meet the demands of US enforcement agencies risks stepping on the toes of authorities elsewhere, many of whom view such practices with suspicion. David Vascott in Tokyo.
October 23, 2014, GIR
An English court has refused to compensate an Innospec competitor after he failed to prove that Innospec won contracts because of alleged corruption, but the decision may nonetheless spur more parties who suffer loss resulting from bribery to seek damages.
October 17, 2014, GIR
Evidence from investigations around Latin America suggests that the extractive, utilities and health sectors are among those most vulnerable to corruption, says James Koukios, senior deputy chief of the fraud section in the criminal division of the US Department of Justice.
October 09, 2014, GIR
The criminal and antitrust divisions of the US Department of Justice are cooperating more closely than ever, especially on market manipulation and rate-rigging cases. But with different – and at times inconsistent – policies and practices, what does that mean for companies unfortunate enough to rouse the interest of both sections at once? Veterans of both divisions, Thomas Barnett, Lanny Breuer, Deborah Garza, Mythili Raman and Phillip Warren, explain.