Tillipman and Block: Have $4.8 billion in penalties deterred HSBC?

According to Good Jobs First’s “Violation Tracker," since 2000, HSBC has accrued $4.8 billion in penalties in 23 criminal and civil enforcement actions.

Click to read more ...

Stéphane Bonifassi: Expanding involvement of courts in arbitration makes sense

Recently a trend toward state court review of arbitral awards has emerged, especially when criminal activity is alleged, and no matter what side of the debate you are on, there’s no denying a change is afoot. 

Click to read more ...

DOJ moves to seize $1 billion linked to Uzbek telecoms scandal

The U.S. Justice Department took another big step in its investigation of bribes allegedly paid by Russian and Swedish companies to the eldest daughter of Uzbek President Islam Karimov in exchange for access to the country's telecoms market.​

Click to read more ...

Swiss prosecutors raid HSBC offices in money laundering probe

Prosecutors in Switzerland searched the offices of HSBC's private bank in Geneva Wednesday as part of an investigation into money laundering.

Click to read more ...

International donors trim or withhold Mozambique aid over corruption concerns

The group of donors who contribute aid directly to Mozambique pledged $275 million in aid this week, a decrease from the $309 million given last year, citing concerns about corruption in the region.

Click to read more ...

Italian cleaning mogul arrested for corruption

An Italian businessman who built a $350 million empire on cleaning contracts and industrial maintenance was arrested in Spain on charges embezzlement, bankruptcy fraud, money laundering, and tax offenses.

Click to read more ...

Park-Ohio discloses potential violation

Park-Ohio Industries Inc. said Thursday a third-party payment on its behalf to tax authorities may have violated the Foreign Corrupt Practices Act.

Click to read more ...

Police reveal global soccer match-fixing scheme

At least 680 soccer games around the world were fixed between 2008 and 2011, about half by a syndicate allegedly operating from Singapore, an international police coalition said Monday.

Click to read more ...