Topic: Money laundering

DOJ defends FCPA internal controls theory in 1MDB case

Prosecutors said the FCPA's internal accounting controls provision applies more broadly than just in situations where a company uses its own funds to pay bribes.

07 December 2020

DNB faces £34 million fine over anti-money laundering breaches

07 December 2020

US charges litigation lawyer with money laundering, wire fraud

The DOJ unleashed a volley of money laundering and wire fraud charges against a litigation and arbitration lawyer. His defence counsel says the DOJ has got it all wrong.

04 December 2020

Irish review body recommends boosting powers of anti-corruption agencies

04 December 2020

SEC official: High-pressure deals are ultimate test of compliance

Charles Cain, chief of the SEC’s FCPA unit, said that high-pressure deals are the ones that really determine how robust a company’s compliance programme is.

02 December 2020

People News: former SDNY chief moves to Fried Frank

In the latest people news roundup, Manhattan’s former top federal prosecutor Geoffrey Berman has moved into private practice, while Australian casino chain Crown Resorts has hired a new compliance department head amid a money laundering investigation.

02 December 2020

Pilatus Bank targets ECB after botched sanctions case

The US indictment of Pilatus’ former head for alleged sanctions violations gave Malta the opportunity to “recklessly and wantonly” make an example of a local bank, Pilatus alleges.

01 December 2020

SFO’s new case slump continues

Featured in Investigator's Guide to the UK

The UK Serious Fraud Office has recorded another quiet year for launching investigations into corporate misconduct on the back of one of its least active 12 months in recent history.

30 November 2020

DOJ’s PDVSA joint venture case grows

Federal prosecutors in Miami have accused Venezuela-based businessman Natalino D’Amato of bribing officials at two of PDVSA’s joint ventures.

30 November 2020

Ex-Citgo manager questions DOJ’s instrumentality argument

A foreign bribery case has focused on whether an employee of PDVSA’s US subsidiary is a government official under the FCPA.

25 November 2020

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