News

Brazilian airline settles bribery probe with SEC, DOJ, local authorities

Carrier GOL Linhas Aéreas Inteligentes is set to pay over $41 million to resolve allegations brought by US authorities and the Brazilian Comptroller General of the Union and Attorney General’s Office in a coordinated settlement.

16 September 2022

RCMP official urges companies to turn themselves in

The head of corruption at Canada’s national police force said many companies are still hesitant to report their own misconduct.

15 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

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

MLARS chief finds home in private practice

Deborah Connor, the former head of the Criminal Division’s money laundering and asset recovery section, speaks to GIR as she heads to a private practice firm after a 25-year government career.

14 September 2022

FCPA Docket: Glencore’s “partial cooperation”

A senior DOJ official is leaving the department, Glencore filed its sentencing memo in the DOJ’s market manipulation case, and Weil names two new co-heads of its white-collar practice.

14 September 2022

NCA attempts to seize £54 million held by UK lender

The UK’s National Crime Agency has told a London court that Barclays is holding more than £50 million of suspected illicit funds on behalf of unidentified customers.

14 September 2022

US Libor acquittal lawyers field calls from both sides of the Atlantic

Two lawyers who helped overturn the conviction of a former Deutsche Bank trader accused of manipulating interest rate benchmarks have switched firms. Their case caused a stir in the UK as well as the US.

14 September 2022

Regulator details “shocking” AML breaches at Sydney casino

A gambling watchdog also took aim at Star Entertainment’s in-house lawyers for wrongly asserting legal privilege to withhold documents from Australia’s anti-money laundering enforcer.

13 September 2022

Glencore and Pemex settle restitution claim

Glencore and Pemex have resolved a claim by the Mexican state oil company that it was a victim of the Swiss commodity trader’s market manipulation via a confidential settlement.

13 September 2022

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