Topic: Corporate criminal liability

UK, France urged to tighten up corporate liability for money laundering

The Council of Europe has said 14 countries including the UK are failing to comply with international standards for holding companies liable for money laundering.

21 January 2022

Cruise liner pleads guilty again after damning monitor report

Cruise operator Carnival has agreed to give its in-house investigators freedom to open their own investigations after a subsidiary pleaded guilty to violating its probation terms for a second time.

12 January 2022

Non-profit attacks Chamber’s anti-corporate enforcement efforts

“The US Chamber of Commerce fears law enforcement against corporate wrongdoers because its ranks are filled with corporate wrongdoers,” Public Citizen said.

11 January 2022

Swiss court convicts private bank over laundered 1MDB funds

Switzerland’s federal criminal court has ordered Falcon Bank to pay $11.6 million after the private lender processed funds stolen from Malaysian development fund 1MDB.

15 December 2021

UK orders NatWest to pay £270 million over AML failures

NatWest plans to spend an additional £1 billion on financial crime compliance over the next five years after pleading guilty in the UK to anti-money laundering charges.

13 December 2021

GIR Live: Home Office failing to match SFO’s anti-fraud commitment

A former director of the UK’s Serious Fraud Office has said the Home Office has failed to provide the anti-fraud agency with the resources it needs to effectively tackle corporate crime.

02 December 2021

New German government prioritises corporate crime enforcement reforms

Germany’s newly-assembled coalition government has announced plans for an overhaul of the country’s corporate misconduct laws.

25 November 2021

German prosecutors investigate former Continental executives

19 November 2021

DOJ enforcement policy changes may discourage self-reporting

Recent changes to the way the DOJ handles corporate settlement agreements may discourage businesses from self-reporting misconduct, defence lawyers said.

09 November 2021

Fiat Chrysler nears US criminal settlement over emissions cheating claims

27 October 2021

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