Region: Spain

Spain’s latest anti-corruption reforms are a damp squib

The Spanish prime minister announced last week a set of anti-corruption law reforms in the wake of the country’s latest bribery scandal. But the real issue is Spain’s inability to apply anti-bribery laws effectively, lawyers say.

03 December 2014

Google and other major decisions fall to EU competition successor

With six weeks left in his tenure, Joaquín Almunia, Europe’s head of competition enforcement, said many of the continent’s top policy and case decisions will be decided by his successor, Margrethe Vestager, who was chosen on Wednesday to take over the EU’s competition portfolio.

11 September 2014

Diaz Reus makes new partner in Miami

Diaz Reus & Targ has added anti-money laundering lawyer Marta Colomar Garcia to its partnership.

12 August 2014

Grifols discloses FCPA investigations

Spanish pharmaceutical company Grifols is investigating potential FCPA violations in Belarus and Russia, as well as trading practices in Brazil, China, Georgia, Iran and Turkey, according to an SEC filing made late last month.

20 June 2014

Drago Kos: We need to step up the pressure

The chairman of the OECD’s working group on bribery and corruption said the organisation will be ramping up its efforts to persuade member states to get tough on corruption – and to prevent non-members from abusing their position.

04 June 2014

EU data protection proposal a “killer” for cross-border compliance

A new clause in the European Union’s data protection reform proposals that requires companies to gain regulatory permission before sending data to foreign enforcement authorities is “ridiculous”, say data protection experts.

19 May 2014

“Massive implications for investigations” in EU Google data privacy judgment

A European Court of Justice decision on a Google data privacy case could make it harder to find important information on individuals during an internal investigation or due diligence exercise, experts have warned.

14 May 2014

Spain to crack down on money laundering with new provision

Spain has announced plans to follow a German anti-money laundering strategy by requiring banks to reveal to the government information on all the accounts they hold.

14 May 2014

Barcelona FC cleared in tax fraud case

Spain’s football governing body has cleared Barcelona Football Club after it was accused of committing tax fraud when it purchased a player from Brazil last year, according to reports. At the time of the transfer, Barcelona said it paid €57.

29 April 2014

Spain adopts UK/US style foreign bribery laws

Spain has widened its jurisdiction of international corruption to include acts of bribery that occur outside Spanish territory, in a set of reforms that came into effect this month.

31 March 2014

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