Topic: Monitorships

MLARS official: Promised compliance improvements not credited in resolutions

Promised improvements to compliance programmes will not earn companies penalty discounts in corporate resolutions, an official from the DOJ’s criminal division said.

15 September 2022

Glencore’s US resolution delayed by monitorship, restitution issues

Federal courts in Manhattan and Connecticut have delayed Glencore’s respective sentencings linked to the US portion of the Anglo-Swiss commodity trader’s global bribery and market manipulation resolution.

02 September 2022

SNC-Lavalin agrees to monitor in bridge contract corruption case

A Canadian court has appointed a corporate monitor as part of the country’s first DPA-style corporate resolution.

13 May 2022

Watch GIR Live: DC

GIR subscribers can now view the entire GIR Live: Washington, DC conference, online. The event, held at Paul Hastings on 7 April, was co-chaired by Nicolas Bourtin of Sullivan & Cromwell and Amy Jeffress of Arnold & Porter.

06 May 2022

Switzerland sets its sights on another lender in Petrobras case

Featured in In-house

Swiss prosecutors have raided the offices of Pictet over the private lender’s suspected links to a widespread corruption scandal involving Brazilian state oil company Petrobras.

31 March 2022

ESG misreporting allegations see Deutsche Bank monitor extended

Featured in In-house

The US Justice Department has extended the period of a corporate monitor at Deutsche Bank following claims that the German lender’s asset management subsidiary lied about its ethical credentials.

11 March 2022

SNC-Lavalin’s former World Bank monitor joins Steptoe

Iris Bennett is one of two Smith Pachter McWhorter partners to recently leave the firm’s white-collar defence and investigations practice.

24 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

DOJ’s focus on corporate recidivism a “significant” policy shift

The DOJ’s promise to consider a company’s full history of misconduct when making corporate charging decisions has created uncertainty for companies.

08 November 2021

ZTE beefs up legal team during sanctions monitorship

The lawyers have joined the case following a report that a court-appointed monitor is seeking to extend his term by leveraging his friendship with a federal judge.

19 October 2021

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