Global Investigations Review - The law and practice of international investigations


Foreign exchange investigation widens

November 13, 2013, GIR

The UK’s Financial Conduct Authority (FCA) has reportedly requested information from 15 banks in its investigation of alleged illegality by foreign exchange traders.

Regulatory and antitrust overlap creates trouble in financial investigations

November 13, 2013, GIR

The aims of antitrust law and financial regulation are not always at odds with each other, said a former top European Commission official, but enforcers must ensure they work in harmony with one another.

Ukraine to increase anti-corruption efforts

November 11, 2013, GIR

The Ukrainian government will introduce an independent body that will handle corruption complaints from companies to complement its anti-corruption law reforms.

US Navy officers under investigation in bribery scandal

November 11, 2013, GIR

Two senior US Navy officers have been suspended as the investigation of allegations of bribery involving a Singapore-based defence contractor continues.

Allen & Overy litigators ‘pressured’ Dahdaleh prosecution witness

November 06, 2013, GIR

Lawyers acting for businessman Victor Dahdaleh allegedly urged a prosecution witness not to appear in a corruption trial, an English criminal court heard yesterday.

DoJ and SEC to fine Weatherford US$153 million

November 05, 2013, GIR

Oil and gas services company Weatherford International has agreed to pay US authorities US$153 million following an FCPA investigation, according to its quarterly report.

Deutsche Bank faces penalties in Japanese bribery investigation

November 05, 2013, GIR

Japanese police have arrested a Deutsche Bank employee after allegations emerged that one of the company’s sales departments may have bribed clients.

Israel’s anti-bribery enforcement a “worry”, says TRACE International president

November 04, 2013, GIR

Alexandra Wrage, the president of anti-corruption organisation Trace International, has criticised Israel’s failure to enforce laws preventing bribery of foreign officials.

First follow-on shots fired in "massive" DoJ Forex investigation

November 04, 2013, GIR

A pension fund in Massachusetts has filed suit on behalf of a vast class of investors claiming that the world’s biggest banks conspired to rig international foreign exchange rates, just days after the US Department of Justice’s antitrust division confirmed it is investigating alleged foul play in the $5 trillion-a-day market.