News

Former US prosecutor: suspicious activity reports are “tremendously useful”

A former New Jersey anti-money laundering chief said at GIR's Women in Investigations conference that suspicious activity reports frequently help law enforcement catch criminals, even if banks never receive credit for tipping off investigators.

13 November 2020

UK export control regime an enforcement “backwater”

The UK authority responsible for punishing the unlawful export of goods has opened fewer than five criminal investigations in each of the past three years.

13 November 2020

SQM to pay $62.5 million to settle class action lawsuit

The Chilean mining company is the latest to settle a class action lawsuit concerning disclosure failures over alleged bribery.

12 November 2020

Lowenstein Sandler adds to white-collar practice

Mark Schamel, a former member at Womble Bond Dickinson who recently guided a loans company to a foreign bribery settlement with the SEC, has joined Lowenstein Sandler.

12 November 2020

UK SFO reaches £1.2 million settlement with former SBM Offshore middleman

The UK’s anti-fraud agency has reached a civil recovery settlement with a Brazilian national linked to a major bribery scheme over a £4.3 million London property.

12 November 2020

Swiss law makes foreign penalties tax deductible in “exceptional cases”

Experts say the deductions will apply only when companies can prove that the foreign penalty clearly does not serve the interests of justice.

12 November 2020

The Danish tax authority’s campaign to recoup cum-ex billions

Denmark has tasked its tax agency with chasing down $2 billion that the country says it has lost through cum-ex trades. GIR spoke with the agency about the operation.

11 November 2020

Alstom suspends executive amid Italian bribery probe

French engineering company Alstom has suspended an employee as it investigates alleged bribes paid to officials at Milan's transport authority.

11 November 2020

Greece merges major enforcement agencies

Greece has joined its anti-corruption and financial crime authorities in an attempt to strengthen and streamline enforcement.

11 November 2020

People News: US prosecutors return to private practice

In the latest people news, the ex-chief counsel at the Manhattan federal prosecutors’ office and the former acting head of the US Justice Department’s civil division have returned to private practice.

11 November 2020

Get unlimited access to all Global Investigations Review content