Corporate fraud & corruption


Financier Worldwide Magazine

February 2016 Issue

February 2016 Issue

Corporate fraud and corruption – be it a company suffering economic loss or facing civil, regulatory or criminal liability due to the actions of its officers and employees – remains prevalent and is a major challenge for organisations and their boards, especially in highly regulated industries such as financial services and life sciences. With companies under constant pressure to deliver growth and profit in an increasingly competitive business environment, the need to implement strong compliance programs and ethical controls which recognise and address the risks of fraud and corruption is of paramount importance – in safeguarding the future of the organisation as well as the integrity of its employees.

FORUM: Fraud and corruption investigations in multilateral development banks

FW moderates a discussion on fraud and corruption investigations in multilateral development banks between Whitney Debevoise at Arnold & Porter LLP, Clare Wee at the Asian Development Bank, David Lorello at Covington & Burling LLP, and Mamta Kaushal at the World Bank Group.

Compliance due diligence: no longer just an FCPA issue

EY There are many risks in today’s global and competitive M&A environment. The risk of bribery and corruption continues to increase along with more aggressive United States and international enforcement. The prohibition of bribery of...

‘Embedded’ – a new approach to corporate fraud

McMillan Let us start with what we know. Statistics tell us that frauds are far more likely to be discovered by anonymous tips, and by accident, than by internal or external audit. They also tell us that most corporate frauds go on for one or two years...

Real fraud in an increasingly cyber world

Association of Certified Fraud Examiners It’s an unfortunate truth that fraud has been around for as long as there were people to steal from. Every day, huge technological advances are being made in order to better protect consumers from fraudsters, however while...

Litigation and insurance coverage for cyber fraud

Watson Farley & Williams LLP Tracing the origins of cyber crime, including hacking and distributed denial of service (DDoS) attacks where legitimate sites are bombarded by access requests, can be difficult if not impossible. Often the trail ends at a server farm in a difficult...

DOJ’s ‘Yates Memo’ intensifies scrutiny of corporate management

Ropes & Gray LLP In September 2015, the Department of Justice issued a policy statement that places individual accountability at the centre of its efforts to combat corporate misconduct. The Memorandum of Individual Accountability for Corporate...

Canada – no longer a fraudster’s playground

Bennett Jones LLP Canada has a fairly-earned reputation for being a fraudster’s playground. Although supporting sophisticated markets that are highly integrated with major global economies, Canada has been home to arguably inadequate and underutilised...

Deferred prosecution agreements – the gold rush

CCG Legal Last year was unusually busy for the UK’s Serious Fraud Office (SFO) and its director, David Green CB QC, says the SFO has “got its mojo back”. In the last few weeks of 2015 alone, the SFO secured its first ever deferred prosecution agreement...

Searches and seizure of documents at a lawyer’s office

De Pedraza Abogados The Fifth Section of the European Court of Human Rights has stated in its judgment of 24 July 2008, the case of André and another vs. France that “searches and seizures at the premises of a lawyer undoubtedly breach professional secrecy, which is...

Q&A: Managing pre- and post-deal fraud investigations

FW moderates a discussion on managing pre- and post-deal fraud investigations between Michael Savicki at American Express Global Business Travel, Gregory E. Wolski at Ernst & Young LLP, and Brian E. Dickerson at FisherBroyles LLP...


American Express Global Business Travel

Arnold & Porter LLP

Asian Development Bank

Association of Certified Fraud Examiners

Bennett Jones LLP

CCG Legal

Covington & Burling LLP

De Pedraza Abogados

Ernst & Young LLP


FisherBroyles LLP


Ropes & Gray LLP

Watson Farley & Williams LLP

World Bank Group

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