LockedCorruption Currents: From New Aid For Syrian Rebels to Bitcoin Compliance Challenges
Bribery:
A Spanish court announced last week that a decision will come in May on whether to exclude Princess Cristina from a corruption probe targeting her husband. (AFP)
The FCPA Blog continues its series on white-collar crime victims, and notes that Moscow issued an arrest warrant for William Browder. The FCPAProfessorreflects on a year since Wal-Mart Stores Inc. went under the FCPA microscope. Mike Volkov warns on the danger of “proactive” FCPA probes. Tom Fox provides 10 steps to resolve a front-page crisis. Thebriberyact.comdiscusses civil recovery rewards in the U.K, sayingthey’re still on the SFO menu.
Miller Chevalier released its spring FCPA review.
Pakistan released a list of journalists who allegedly received bribes from the information ministry. (Dawn) David Uhlmann, the former head of the Department of Justice’s Environmental Crimes Section, will present findings on deferred- and non-prosecution agreements at a conference in Washington, D.C. (Corporate Crime Reporter)
Cybercrime:
CISPA moves on to the Senate, which is working on its own cybersecurity legislation. (The Hill) The Pentagon, for the first time, detailed $30 million in spending on Air Force cyberattack operations and significant new Army funding and staff needs for exploiting opponent computers. (Mashable)
Fraud:
The European Union’s internal fraud office is at loggerheads with a supervisory panel to oversee its independence. (EUObserver)
Money Laundering:
The exchanges that buy and sell Bitcoin are scrambling to beef up their anti-money laundering compliance processes but it may not be enough for them to keep access to the banking services they need to operate. (Thomson Reuters Corporate Compliance Complete sub req)
The dozens accused of participating in an international operation of illegal gambling and money-laundering worth more than $100 million all pleaded not guilty. (AP, NY Times)
The Bundesbank rebuffed an attempt by Italian prosecutors to freeze assets held byNomura Holdings Inc. because it hasn’t received a request valid under German law, asource told Bloomberg. The latest on the trial of reputed Zetas cartel members is here. (San Antonio Express-News)
The chief Hong Kong prosecutor wants the ability to seize assets without a criminal conviction. (South China Morning Post) A man wanted by Switzerland on suspicion of stealing confidential banking information now being used by international financial investigators said U.S. officials advised him to flee to Spain. (AP)
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