White-collar crime


Financier Worldwide Magazine

July 2017 Issue

Although there is no such thing as victimless crime, the white-collar variety is often afforded this erroneous description. In actuality, white-collar crime generally refers to infractions which are financially motivated, nonviolent, and often perpetrated by business and government professionals (i.e., securities fraud, Ponzi schemes, embezzlement, corporate fraud, money laundering. etc.).  Left unchecked, the impact can decimate investments and shatter shareholder trust. Moreover, with white-collar crime on the rise and estimated to cost the global economy trillions of dollars each year, cooperation between enforcement agencies is a key element in the battle against these sophisticated crimes, and those who perpetrate them.

FORUM: Tackling fraud and money laundering within financial institutions

FW moderates a discussion on tackling fraud and money laundering within financial institutions between Mike Martinez at Associated Foreign Exchange Inc. (AFEX), Simon Wong at Deutsche Bank AG, Clare Lipworth at Hogan Lovells International LLP, Seetha Ramachandran at Schulte Roth & Zabel LLP, and Kevin Petrasic at White & Case LLP.

Seeing red? – get the lowdown on Interpol

Davies Ward Phillips & Vineberg LLP White-collar crime investigations are increasingly becoming multijurisdictional. As such, the ability for investigators to arrest the target of an investigation abroad often becomes a crucial consideration in deciding to pursue an...

Cooperation: the key to fraud detection under Trump government?

Bennett Jones Donald Trump’s recent promises to crack down on prosecuting violent crimes have left critics anticipating a halt on white-collar crime prosecutions. The Department of Justice (DOJ) has indicated it will give a higher priority to tackling violent...

White-collar crime – surfing the rising tide of UK and international enforcement

CorkerBinning Companies and their senior executives face regulatory burdens and the possibility of criminal sanctions as never before. Major jurisdictions, particularly the UK and the US, are becoming increasingly aggressive in pursuing corporates...

SFO v. NCA – will the SFO win the battle for survival this time?

Lewis Nedas Law Theresa May has, within the latest Conservative Party manifesto, pledged to finally absorb the Serious Fraud Office (SFO) within the National Crime Agency (NCA), the UK’s self styled answer to the FBI. This has sent shudders down the spines...

The Serious Fraud Office – soon falling over

Saunders Law Life expectancy is on the up generally, but the forecast imminent demise of the Serious Fraud Office (SFO) is after only 30 years of life. Such an early demise would mark the end of a controversial experiment in allowing investigators to take...

Are you ready for the Annual Financial Crime Report?

Peters & Peters In November 2016, the Financial Conduct Authority (FCA) finalised its guidance and form for its Annual Financial Crime Reports (REP-CRIMs), which came into effect on 31 December 2016. Most regulated firms that are subject to the Money...

Australian developments – bribery, whistleblowers and DPAs

Corrs Chambers Westgarth As of May 2017, the Australian Federal Police (AFP) was investigating 37 foreign bribery matters. Twenty of these are active cross-border investigations involving Canada, the UK, the US and others. International experience is that a single...


Associated Foreign Exchange Inc. (AFEX)

Bennett Jones


Corrs Chambers Westgarth

Davies Ward Phillips & Vineberg LLP

Deutsche Bank AG

Hogan Lovells International LLP

Lewis Nedas Law

Peters & Peters

Saunders Law

Schulte Roth & Zabel LLP

White & Case LLP.

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