Global Investigations Review - The law and practice of international investigations

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Tawain’s UMC nears US trade secret theft settlement

Tawain’s UMC nears US trade secret theft settlement

Taiwanese chip maker United Microelectronics Company has agreed to pay $60 million and plead guilty to resolve one of the most closely-watched corporate trade secret theft cases in the US.

Major Taiwanese bank facing sanctions probe

Major Taiwanese bank facing sanctions probe

The Taipei-headquartered Mega International Commercial Bank is under investigation in the US over potential breaches of sanctions on Iran.

Berkshire Hathaway settles Iranian sanctions probe

Berkshire Hathaway settles Iranian sanctions probe

Berkshire Hathaway, a Nebraska-based conglomerate run by multi-billionaire investor Warren Buffett, has agreed to pay $4.1 million to settle alleged violations of US sanctions on Iran.

Companies face stricter conditions to throw off US sanctions

Companies face stricter conditions to throw off US sanctions

The US Treasury Department has recently begun demanding that companies show evidence of how they will ensure ongoing compliance with US sanctions before it will remove them from banned entities lists.

UK reports jump in sanctions breach reports

Companies in the UK have filed a record number of reports of potential sanctions violations over the past year, with a significant amount concerning barred Libyan entities.

Dominican Republic politician claims US sanctions based on “misinformation and rumors”

Dominican Republic senator Felix Bautista-Rosario is attempting to remove US sanctions placed on him for alleged corruption linked to the reconstruction of Haiti, as he seeks re-election in his home country.

Misguided sanctions policy costs New York insurance company millions

Generali Global Assistance has agreed to pay $5.8 million to settle over two thousand alleged breaches of US sanctions on Cuba for processing payments for tourists who had visited the blacklisted country.

Keysight Technologies settles US sanctions probe

Senior management at Keysight Technologies’ former Finnish subsidiary defied orders to cease business in Iran and then obfuscated its dealings in the country in internal communications.

DOJ watching for economic espionage linked to coronavirus vaccine research

The Justice Department is closely monitoring cyber intrusions at US institutions that are researching a cure for the coronavirus, according to a senior prosecutor.

DOJ official: Private-sector tip-offs fuelling economic espionage cases

The Justice Department’s counterintelligence chief has said the pursuit of economic espionage has been greatly aided by cooperation from the US private sector.

Editor's picks

Corporate executives seldom face punishment in US sanctions cases

Corporate executives seldom face punishment in US sanctions cases

The US Treasury’s Office of Foreign Assets Control has been prolific in penalising companies for sanctions violations but doesn’t appear to have the same appetite for pursuing individuals.

Dutch sanctions probe into Crimea bridge project nears end

Dutch sanctions probe into Crimea bridge project nears end

The Netherlands’ lead sanctions prosecutor spoke to GIR about its major investigation, the uptick in enforcement and how her team wants to work with the private sector.

The DC sanctions lawyers to have on speed dial

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The specialists to call for sanctions investigations and enforcement.

Sign up for Just Sanctions news alerts

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A new newsletter covering sanctions investigations and enforcement.

Coming soon: The GIR Guide to Sanctions

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The first ‘how-to’ guide providing insight and analysis on sanctions investigations.

The Enforcement Scorecard

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A comprehensive guide to the world’s 100 largest corporate penalties.