Mayer Brown partner leaves for monitorship firm

Audrey Harris, a former chief compliance officer at mining company BHP, has joined Affiliated Monitors.

04 January 2022

Miller & Chevalier takes Smith Pachter partner

In announcing the hire, Miller & Chevalier’s international department chair cited Daniel Solomon’s “deep insight into China's legal and business environments”.

04 January 2022

Cuban embargo lawsuit against Société Générale, BNP Paribas fails

The French banks are the latest to defeat claims brought under the Helms-Burton Act.

04 January 2022

World Bank strikes triple corporate settlement over airport project

Three companies settled with the World Bank over their conduct on a project to develop two airports in Madagascar.

04 January 2022

Swedbank ex-CEO charged over money laundering scandal

Prosecutors have accused the former head of Swedish lender Swedbank, Birgitte Bonnesen, of downplaying the bank’s anti-money laundering failures.

04 January 2022

ICYMI: A round-up of developments over the holiday season

A Happy New Year from all of us at GIR! During the past two weeks, a San Francisco jury has convicted the founder of blood testing company Theranos of fraud and Denmark has created a new agency for prosecuting complex financial crimes.

04 January 2022

Airbnb settles with OFAC over Cuba sanctions violations

OFAC said the online travel services company rushed into opening operations in Cuba without a sufficiently tailored compliance programme.

03 January 2022

Former DOJ official takes enforcement helm at BIS

Matthew Axelrod is now the assistant secretary for export enforcement at the US Department of Commerce. “We must impose significant penalties against those who break the law,” he said previously.

03 January 2022

TD Bank compliance failures lead to US sanctions settlement

OFAC said the case “highlights the need for proper coordination of compliance efforts and actions across various departments and business units within a financial institution”.

03 January 2022

NatWest's investment arm pleads guilty after NPA violation

The DOJ highlighted that NatWest is a repeat offender when announcing the bank’s fraud settlement.

21 December 2021

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