News

DOJ: Lenient sentences for convicted spoofers could “wreak havoc” on US markets

US prosecutors want two convicted ex-Deutsche Bank traders to serve at least four-and-a-half years in prison; the former traders hope to avoid prison altogether.

24 May 2021

ENRC’s blockbuster civil trial against the SFO to kick off

Eurasian mining company ENRC’s highly-anticipated lawsuit against its former lawyers at Dechert and the UK’s anti-fraud agency is set to begin in a London court.

24 May 2021

Ex-SEC whistleblower chief: focus on the allegations not the whistleblower

Jane Norberg, who led the SEC’s office of the whistleblower from 2016 to 2021, spoke to GIR shortly before joining Arnold & Porter.

24 May 2021

Denmark charges three in Danske Bank-linked money laundering probe

Prosecutors in Denmark have charged three people with laundering billions of dollars in illicit funds through Danish companies that held accounts at Danske Bank’s Estonian branch.

21 May 2021

US and Xiaomi propose end to China-military sanctions case

The US government has asked a Washington, DC federal court to order the dismissal of sanctions against Beijing-based electronics company Xiaomi that were imposed over now-disproven links to China’s military.

21 May 2021

UK investigations lawyers see uptick in ESG-related work

“I see it as a real moment of change,” said one London white-collar lawyer.

20 May 2021

People News: Former Petrobras compliance head moves to private practice

In the latest people news roundup, the former chief compliance officer at Brazil’s state energy company Petrobras has moved into private practice, and the head of Reed Smith’s global regulatory enforcement group has switched firms.

20 May 2021

Reed Smith partner moves to Blank Rome

Former Reed Smith partner Jennifer Achilles, who recently has been advising a Chinese business on an unusual FCPA-related lawsuit against a public US company, joins Blank Rome.

20 May 2021

Businessman gets probation in US after related bribery prosecution in Korea

A federal judge sentenced a New Jersey businessman to probation following his two-year prison term in Korea over the same bribery scheme.

19 May 2021

Switzerland sees spike in suspicious activity reports during pandemic

Switzerland’s financial intelligence agency kickstarted hundreds of criminal investigations into potential covid-related fraud in 2020 by disseminating suspicious activity reports to prosecutors across the country.

19 May 2021

Get unlimited access to all Global Investigations Review content