The October 2013 edition of our Corporate Crime Update covers developments in relation to corruption, money laundering, fraud, sanctions and related matters across a number of jurisdictions. For the full update on each jurisdiction, please click on the name of the country/region. A brief overview of what is covered in each country’s update is set out below.
This month we are delighted to announce the recruitment of Scott S. Balber to our New York office and to the global corporate crime and investigations team. Scott joins Herbert Smith Freehills as a partner in New York, where he will become the firm's Head of Investigations and Financial Services Litigation for the US.
Widely recognised for his experience representing financial institutions, Scott focuses his practice on investigations, white collar defence, regulatory matters and securities and commercial litigation. He is a highly experienced trial lawyer, having first-chaired more than two dozen bench and jury trials, and has appeared in state and federal trial and appellate courts throughout the country, including the US Supreme Court. He has handled internal and SEC investigations on behalf of, and defended prosecutions against, a variety of financial services institutions and corporate officers. Prior to joining Herbert Smith Freehills, he was a partner and Head of Financial Services Litigation at Cooley LLP and a partner and co-head of the Commercial Litigation Practice at Chadbourne & Parke LLP, where he spent a number of years.
- HMT approves 2011 amendments to Parts I and II of JMLSG guidance
- Updated sanctions measures for Al-Qaida and Zimbabwe
- Home Office policy paper: Serious and organised crime strategy
- National Crime Agency launched
- SFO Bribery Act prosecutions
- OLAF study: Identifying and reducing corruption in public procurement
- EU annuls a number of asset freezing measures
- Government bill on "transparency in public life" adopted by Parliament
- Tax evasion: the National Assembly votes again in favour of the creation of a financial public prosecutor
- EU General Court annuls EU restrictive measures against Iranian companies
- The Spanish Government approves the reform of the Criminal Code
- DFSA bans banker from working in the DIFC following fraudulent activity
- Most common cyber-crime in the UAE is financial fraud
- New anti-corruption website - Thailand
- Former Ministry official sentenced for corruption - Indonesia
- Charges in construction bribery probe - Bangladesh
- Independent report over former ICAC chief’s hospitality spending
- Former Development Minister sentenced for defrauding the Government
- Former executives of China Mining Resources Group Ltd prosecuted
- Former CEO of Climax International Co Ltd sentenced for 74 months' imprisonment
- Potential criminal charges against Kazuo Okada and associates in the Philippines, whilst Universal Entertainment makes public letter from PEZA
- Aichi prefectural police arrest former auto parts executive for alleged bribery of a Chinese government official
- "Inappropriate accounting treatment" and embezzlement discovered at Taiwanese subsidiary of Japanese credit card provider AEON
- Mandatory reporting to South Australian Anti-corruption Commission
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.