Corporate fraud & corruption

February 2014 | SPECIAL REPORT: CORPORATE FRAUD & CORRUPTION

Financier Worldwide Magazine

Corrupt and fraudulent behaviour continues to flourish despite the best efforts of global authorities, and corporates now operate in an environment of increasing criminal and regulatory risk. Advances in technology and globalisation mean that those committing fraud now have access...

FORUM: Managing third-party fraud and corruption risks
FW moderates a discussion on third-party fraud and corruption risks between Peter S. Spivack at Hogan Lovells, Neil Swift at Peters & Peters Solicitors, and Alexander J. Willscher at Sullivan & Cromwell.

Dodd-Frank whistleblower features: hot in 2013 and likely hotter in 2014

Proskauer Rose LLP Though it’s just a few years old, Dodd-Frank’s whistleblower provision already has been the subject of high-stakes, headline-grabbing litigation and major bounty payouts. This provision (Section 922) affords whistleblowers complaining of violations of securities laws...

Responding to a money-laundering investigation – a Canadian perspective

McCarthy Tétrault When a law enforcement officer advises a financial institution that one of its clients is under investigation for money-laundering and requests information, the financial institution is caught between competing interests. Financial institutions owe their clients a duty of...

A brief overview of recent developments in the international fight against bribery and corruption

Lewis Nedas Law 2013 saw an intensified global campaign against bribery and corruption, led chiefly by the United States and which is rapidly gaining momentum. There has been greater international cooperation focusing on global business transactions, both historic and current, and a...

Financial crime: the future of corporate defendants

DLA Piper UK LLP A tougher stance against corporates who commit economic crime has long been the mantra of the bodies charged with investigating them. The 2012 appointment of David Green, the new Director of the SFO, his rewriting of the guidance on self-reporting and his public declaration that...

Third-party funding for fraud and asset recovery claims in England and Wales

Peters & Peters The cost of civil proceedings is one of the reasons why only a small fraction of illicit or stolen funds are ever recovered. Even large businesses, and indeed nation states, may encounter difficulties funding litigation due to budget constraints. Uncertainty of success coupled with...

Never wonder, always know: comprehensive checks for new business partners

Corma GmbH A few years ago a famous German race track, the Nürburgring, was to be expanded with help from private investors and public funds. But the organisers were taken in by a cheque fraudster pretending to be the heir to an American millionaire. Even the state premier believed him....

IN ASSOCIATION WITH

DLA Piper

Hogan Lovells

McCarthy Tétrault

Sullivan & Cromwell