Lexology PRO | Asia-Pacific, Malaysia, Singapore | 7 Jul 2021
Singapore’s financial regulator has asked politicians for new powers to conduct raids without obtaining a warrant or giving its targets prior notice.
Lexology PRO | Austria, Bulgaria, Canada, etc. | 8 Jun 2021
A look at the UN’s new anti-corruption network, new initiatives and incentives to combat bribery and corruption in the US, and enforcement actions in France, Chad, the UK and the Philippines – plus other key anti-corruption updates.
Lexology PRO | Switzerland, Venezuela | 19 May 2021
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.
Lexology PRO | Asia-Pacific, Malaysia | 10 May 2021
Malaysia is targeting Deutsche Bank and JPMorgan as part of a broad legal campaign to recover over $23 billion in funds allegedly misappropriated from sovereign wealth fund 1MDB.
PRO Compliance | Asia-Pacific, Malaysia, Singapore, etc. | 2 Dec 2020
Charles Cain, chief of the SEC’s FCPA unit, said that high-pressure deals are the ones that really determine how robust a company’s compliance programme is.
PRO Compliance | Malaysia, USA | 23 Nov 2020
A former Goldman Sachs banker charged with foreign bribery in the 1MDB case has said US prosecutors are trying to “radically expand” the definition of the FCPA’s internal accounting controls provision.
PRO Compliance | Australia, Canada, European Union, etc. | 12 Nov 2020
A look at how to leverage data in the compliance function, harmonise environmental, social and governance management, and update employee monitoring systems to strengthen compliance programmes.
PRO Compliance | Global, Switzerland, Venezuela | 9 Sep 2020
The Swiss Attorney General’s Office is investigating individuals over allegations of money laundering tied to Venezuela’s state-owned oil and gas company.
PRO Compliance | Malaysia, Switzerland, USA | 31 Jul 2020
A Swiss court has ordered a former compliance officer at private bank Coutts to pay 50,000 francs for intentionally breaching anti-money laundering laws in a case linked to the 1MDB scandal.
PRO Compliance | Global, Malaysia, USA | 24 Jul 2020
US bank Goldman Sachs has reached a $3.9 billion settlement with the Malaysian government over its role in the 1MDB affair.