Work Area: Capital markets & securities

The UK accounting regulator found that Grant Thornton and a current partner at the firm committed a series of breaches during audits of café chain Patisserie Valerie’s parent company, which collapsed in 2019 amid allegations of fraud.

27 September 2021

27 September 2021

Emails suggest the parties are in a stand-off about access to an internal investigation report by Baker McKenzie that Rio Tinto claims cleared it of misleading investors about a delayed copper mining project.

17 September 2021

The Paris Court of Appeals has upheld a decision by France’s market regulator to penalise US media company Bloomberg for reporting false accounting information about construction company Vinci, but it reduced the fine by €2 million.

17 September 2021

10 September 2021

08 September 2021

A controversial SEC anti-money laundering case brought to the US Supreme Court presents a “unique opportunity to make clear to the courts, regulators, and industry alike” that FinCEN has exclusive authority to enforce the Bank Secrecy Act and its regulations, two former agency officials argue.

24 August 2021

05 August 2021

The EU wants to create a new, bloc-wide anti-money laundering regulator to tackle illicit financial flows across its 27 member states.

21 July 2021

14 July 2021