Global Investigations Review - The law and practice of international investigations

Money laundering

Brazilian politicians vote to move money laundering body away from Moro

Brazilian politicians vote to move money laundering body away from Moro

May 10, 2019, GIR

Transparency International Brazil has warned that removing the body from under the Ministry of Justice “would be a step backward in the fight against corruption”.

OAG is working “at the limit of its capacities” despite drop in investigations

OAG is working “at the limit of its capacities” despite drop in investigations

May 01, 2019, GIR

Switzerland’s Attorney General has said the OAG is working with stretched resources to investigate cases on its books including Petrobras, Fifa and 1MDB.

Clifford Chance takes lead in Swedbank investigation

Clifford Chance takes lead in Swedbank investigation

April 30, 2019, GIR

A Washington, DC, based lawyer who recently represented UniCredit Bank in a sanctions probe is taking the lead in Swedbank’s investigation into money laundering allegations.

Ex-1MDB financier ramps up charm offensive in the face of multiple charges

Ex-1MDB financier ramps up charm offensive in the face of multiple charges

April 24, 2019, GIR

The PR bill of fugitive businessman Jho Low has tipped over $1 million as he fights against US and Malaysian charges tied to billions embezzled from Malaysian sovereign wealth fund 1MDB.

Estonia expands Danske investigation to include Swedbank

Estonia expands Danske investigation to include Swedbank

April 15, 2019, GIR

Estonia’s State Prosecutor’s Office has announced that it has added a criminal complaint filed by Bill Browder against Swedbank over alleged money laundering to its current investigation into Danske Bank.

Ex-FBME Bank owners and “hacked off” detectives trade final barbs in investigation dispute

Ex-FBME Bank owners and “hacked off” detectives trade final barbs in investigation dispute

April 09, 2019, GIR

The ex-owners of liquidated FBME Bank have said that two former detectives leaked confidential information of their “incomplete” probe into the bank in anger after not being paid.

UK SAR reform “a bit like Brexit”

UK SAR reform “a bit like Brexit”

April 05, 2019, GIR

Current proposals to reform how suspicious activity reports are filed in the UK lack coherence and “may be worse than the original illness”, the former head of anti-money laundering and sanctions at Allied Irish Bank has said.

FBME Bank grills former detective over money laundering investigation

FBME Bank grills former detective over money laundering investigation

April 03, 2019, GIR

A bitter High Court dispute between the former owners of FBME Bank and two ex-Scotland Yard detectives has descended into allegations of forged documents, leaks to the media and perjury.

Report edges UK towards tougher corporate crime laws

Report edges UK towards tougher corporate crime laws

March 08, 2019, GIR

The UK is closer to adopting corporate criminal liability reforms after the Treasury Committee threw its weight behind a proposal from the UK Serious Fraud Office in a new report.

Former head of CFIUS joins Freshfields

Former head of CFIUS joins Freshfields

March 08, 2019, GIR

Freshfields’ new partner has said that US and EU agencies will increasingly focus on the national security risks posed by money laundering.