Topic: Remediation

DOJ official expands on expectations for corporate clawback policies, self-disclosure

“What we expect now in 2022, is that companies will have robust and regularly deployed clawback programmes. All too often we see companies scramble to dust off and implement dormant policies once they're in the crosshairs of an investigation,” Marshall Miller told an audience at GIR Live: New York on Tuesday.

20 September 2022

Citi fined over UK market abuse detection breaches

19 August 2022

Swiss authorities trigger rarely-used forfeiture mechanism to target Ukrainian funds

One lawyer said Swiss authorities are utilising a “shortcut” to circumvent the country’s normal rules on assisting foreign prosecutors in reclaiming embezzled state funds.

27 May 2022

SNC-Lavalin agrees to monitor in bridge contract corruption case

A Canadian court has appointed a corporate monitor as part of the country’s first DPA-style corporate resolution.

13 May 2022

OFAC slashes S&P Russian sanctions settlement bill, citing enhanced compliance

Featured in In-house

The business intelligence company faced a penalty of over $1 million after OFAC alleged finance staff doctored invoices to a Russian state energy company to try to skirt US sanctions.

04 April 2022

DOJ looks to address Boeing DPA concerns

The US attorney general’s plans to meet with the families of crash victims demonstrate how seriously the Justice Department is taking their attack on Boeing’s DPA.

24 January 2022

Petrobras compliance chief: “We have finally turned the page”

The Brazilian state oil company’s three-year non-prosecution agreement with the DOJ over FCPA violations has ended, bringing to a close a case that started in 2014.

04 October 2021

GIR sanctions roundtable

OFAC and OFSI officials join sanctions and export control practitioners in Washington, DC and London in a wide-ranging conversation on sanctions implementation, licensing, investigations, enforcement and more.

24 September 2021

GIR sanctions roundtable transcript: Part I

The conversation focuses on US/UK priorities in the sanctions landscape; how the jurisdictions approach sanctions and licensing; and private sector views on tensions between commercial and compliance risks.

10 September 2021

NAB chief outlines bank’s remediation efforts amid Austrac probe

09 September 2021

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