Topic: Corporate liability

Entain hit with record betting fine over “unacceptable” compliance failings

A gambling company under investigation for failing to prevent bribery has been hit with a record fine for breaching industry compliance rules around suspicious funds in a separate probe.

17 August 2022

Brazil to vote on retroactive application of administrative misconduct law

Brazil’s highest court is considering the retroactivity of two main aspects of the country’s Administrative Improbity Act used to establish civil liability against companies and public officials in bribery or public corruption cases.

12 August 2022

Ericsson sued by US military members for financing al-Qaeda, Islamic State

After recently announcing an SEC investigation related to the company’s conduct in the Middle East, the telecommunications company faces a private suit from US military members accusing it of making “protection payments” to Al-Qaeda and the Islamic State.

08 August 2022

US judge dismisses State Street DPA

01 August 2022

Dutch Shell investigation dropped following Italy acquittal

Prosecutors in the Netherlands have ended a probe into alleged bribery by Shell in Nigeria, citing double jeopardy rules.

21 July 2022

Cameroon opens investigation into Glencore

20 July 2022

Brazil modifies CGU’s corporate settlement tool

Brazil has added monitorship requirements and the possibility of tougher fines in the first update in seven years to the corporate settlement tool used by the CGU.

18 July 2022

Former JPMorgan Chase precious metals traders face spoofing trial in Chicago

Criminal case set to kick off 8 July is first to include RICO alongside spoofing charges.

07 July 2022

Counsel Watch: Kobre & Kim tapped to act for Abramovich

In the latest counsel watch, Kobre & Kim is acting for sanctioned oligarch Roman Abramovich, and Winston & Strawn is acting for Mexican state energy company Pemex.

07 July 2022

OFSI fines oilfield consultancy for Syria sanctions breaches

The UK’s civil sanctions enforcement agency has fined a UAE-based consultancy £15,000 for buying flights for an employee from a sanctioned Syrian airline.

29 June 2022

Get unlimited access to all Global Investigations Review content