News

OFAC closes sanctions probe into South American airline

The US sanctions enforcer closed its investigation into Avianca weeks after the SEC dropped a foreign bribery probe into the Colombian airline.

13 August 2021

The BIS enforcement action that most influenced export control compliance

GIR asked over 20 lawyers which penalty issued by the US civil export control enforcer in the past five years has had the greatest effect on corporate compliance.

13 August 2021

Petrobras’s bribery lawsuit not time-barred, says appeals court

A Houston federal court was wrong to dismiss Petrobras’s bribery-related lawsuit against Samsung Heavy Industries, the Fifth Circuit has ruled.

12 August 2021

Former FCPA prosecutor heads to Nelson Mullins

Adam Safwat has left Weil Gotshal & Manges to join Nelson Mullins as a partner.

12 August 2021

FCPA Docket: Swiss asset manager moves to nix DOJ case

In today’s news round-up, a Swiss asset manager challenges the DOJ’s corruption case against him and two FCPA whistleblower lawyers net another award for a client.

12 August 2021

Counsel Watch: US firm guides electrics company to $230 million fraud DPA

In the latest counsel watch, a team from Jones Day leads Ohio-based electric services company FirstEnergy to a multimillion-dollar settlement over allegations it made fraudulent payments to public officials for beneficial treatment.

12 August 2021

FCPA and national security cases set for greater overlap

The Biden administration’s messaging could breed further cross-pollination between corruption and national security matters.

11 August 2021

Cryptocurrency exchange agrees US anti-money laundering settlement

Cryptocurrency exchange BitMEX has agreed to pay $100 million in the US to settle allegations that it allowed illegal trades and violated the country’s anti-money laundering rules.

11 August 2021

DOJ appoints permanent FCPA Unit chief

The DOJ has made David Last the permanent head of the Foreign Corrupt Practices Act Unit.

11 August 2021

Direct selling company reports FCPA probe after merger

A beverage and direct selling company reported possible FCPA violations to US authorities after an investigation was carried out at a business it merged with.

10 August 2021

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