Topic: International cooperation

Glencore sentenced to pay $485 million in DOJ market manipulation case

A Connecticut  federal judge imposed terms set forth in a May 2022 plea agreement resolving DOJ allegations that the commodities trader manipulated oil prices.

23 September 2022

Brazil prosecutors air corruption investigation concerns

Brazilian federal prosecutors have spoken about the challenging environment they face when conducting corporate corruption investigations.

15 September 2022

$30 billion frozen in fight against Russia-linked corruption, Treasury official says

Treasury’s assistant secretary for terrorist financing and financial crimes also said FinCEN’s efforts to reform beneficial ownership disclosures were “game-changing”

08 September 2022

Switzerland to return stolen Uzbekistan assets via UN development fund

The Swiss and Uzbek governments have reached an agreement to return at least $131 million that was allegedly embezzled from Uzbekistan by the daughter of the country’s former president.

16 August 2022

EPPO and DOJ formalise cooperation

27 July 2022

The end of the road? Extradition to Russia and the country’s abuse of Interpol

For several years, the United Kingdom’s extradition arrangements with Russia and Russia’s membership of Interpol have been under severe strain. Does the Ukraine crisis now call for a fundamental change? Jasvinder Nakhwal, Nick Vamos and Alistair Jones at Peters & Peters’ London office argue that the Ukraine crisis and Russia’s expulsion from the Council of Europe provide a good opportunity to re-examine its uses of extradition and other cross-border conventions.

26 July 2022

OECD warns Switzerland over failure to enact whistleblower protections

20 July 2022

Texas federal judge dismisses another Venezuelan bribery case on jurisdictional grounds

A Houston federal judge threw out a second case tied to the DOJ’s prosecution of a bribery scheme related to Petróleos de Venezuela SA (PDVSA), Venezuela’s state oil company, on jurisdictional grounds.

12 July 2022

German prosecutors investigate Hyundai and Kia over emissions cheating devices

Law enforcement agencies in Germany and Luxembourg have searched the premises of two South Korean car companies over their alleged use of emissions cheating devices.

29 June 2022

AUSTRAC establishes Russian sanctions team

27 June 2022

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