Topic: Monitorships

State Street DPA extended after monitor left for SEC

The bank’s former monitor, John Coates, joined the agency in February as acting director of the division of corporate finance.

22 March 2021

Scania finds bribery at Indian subsidiary

Swedish truck manufacturer Scania said that employees of its Indian subsidiary paid bribes in connection with sales of public transport buses.

10 March 2021

Philips appoints compliance reviewer in Brazil

Featured in In-house

Brazilian prosecutors have appointed a Big Four accounting firm to oversee the compliance programme of Dutch multinational Philips following an $11.6 million bribery settlement.

05 March 2021

Dutch parliamentary resolution could open the door for corporate monitorships

GIR speaks to the politician behind a recent proposal in the Netherlands to introduce mandatory probation and independent oversight of compliance efforts for companies that resolve a criminal investigation through a settlement.

03 March 2021

Swiss Supreme Court rules against Credit Suisse in Finma monitor challenge

12 February 2021

Huawei accuses US prosecutors of sitting on exculpatory evidence

Chinese telecommunications company Huawei has accused US prosecutors of making insufficient and delayed disclosures of potentially exculpatory material in a repeated request for information it says is critical to its defence.

08 February 2021

Dutch politicians want mandatory probation for corporate wrongdoers

02 February 2021

Indonesian company agrees to pay $1.6 million to settle DOJ sanctions probe

The Justice Department’s settlement with Bukit Muria Jaya was announced a few days after OFAC revealed its existence in a related enforcement action.

18 January 2021

Corporate reorganisation helped Boeing reduce 737 Max fraud penalty

US prosecutors gave Boeing credit in a recent settlement linked to two aircraft crashes for ensuring that its engineers are now insulated from reporting to sales units.

13 January 2021

SFO chief: G4S reviewer was a tailored solution

The head of the UK’s anti-fraud agency has said that imposing a compliance reviewer on G4S in a fraud settlement as opposed to a full-blown monitor was appropriate given reforms already underway at the prison services contractor.

03 December 2020

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