In London, Compliance Officers in the Crosshairs
Recent cases in the United Kingdom suggest that prosecutors and regulators are increasingly willing to hold compliance officers personally liable as they wage war against corporate fraud. Inside, we look at the corruption charges brought by Britain’s Serious Fraud Office against Alstom SA and the Financial Conduct Authority’s case against ...
Related articles
-
Article
Appeals Court upholds bribery conviction of Alstom Network
The Criminal Division of the U.K. Court of Appeal has upheld the April 2018 conviction of Alstom Network UK over a bribery case concerning an infrastructure contract in Tunisia.
-
ArticleFormer Capula CCO alleges misconduct and retaliation at the hedge fund firm
The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
-
News BriefTexas gas company found that its merger acquisition paid a cartel-connected entity
A Texas-based gas company has disclosed that a Mexican affiliate made payments to local government officials that may have benefited a cartel designated as a terrorist group by the U.S. government. Entanglement with cartels is an increasing risk for companies doing business in Mexico.