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European Commission flags flaws in member states’ justice systems
By Sara Lewis, in Brussels
Online Published Date:
04 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Crossing continents – the DPA
An established feature of criminal law in
the US, deferred prosecution agreements are, increasingly, an option in other
Western jurisdictions. Sara Lewis
looks at their spread and variation.Deferred Prosecution Agreements (DPAs), which
allow..
Online Published Date:
12 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
The ABC of internal investigations from the XYZ DPA
Jessica
Parker (+44 (0)20 7353 6000, jp@corkerbinning.com ) is a partner at
law firm Corker Binning, where she specialises in criminal and regulatory
litigation.
Online Published Date:
12 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Taken out
Financial fraud is, too often, a
borderless crime. For law enforcers based in sovereign states, this poses
challenges; one especially tough nut to crack can be the procedures to
extradite suspects to face trial in the country where their alleged..
Online Published Date:
12 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
The Criminal Finances Act 2017: why UWOs and tax evasion are not what really matter
David Corker (+44 (0)20 7353 6000, dc@corkerbinning.com) is a partner at law firm Corker Binning, which specialises in business crime and fraud, regulatory litigation and general criminal work of all types.
Online Published Date:
12 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Cracks in the shell
Introduction of beneficial ownership rules and massive dumps of hacked
financial data raising transparency in banking and payment systems mean that shell
companies are coming under close scrutiny. Used for structuring transactions but otherwise..
Online Published Date:
12 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
How to harness the power of hotlines
John Wilson is the chief executive of Expolink (www.expolink.co.uk), which provides whistleblowing services to organisations in almost every industry and sector. John founded one of the UK’s first whistleblowing services in 2001 and built it to become a leading provider.
Online Published Date:
12 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
OLAF flags €3 billion fraud in 2017, annual report shows
By Sara Lewis, in Brussels
Online Published Date:
14 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
How should cryptocurrency bribes be valued?
Selva Ozelli, CPA is an international tax attorney who frequently writes about tax, legal and accounting issues for Tax Notes, Bloomberg BNA, other publications and the OECD. This article first appeared on The FCPA Blog (www.fcpablog.com)
Online Published Date:
14 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Majority of firms pay ransom to unlock crucial data, study finds
By Sara Lewis
Online Published Date:
25 June 2018
Appeared in issue:
August/September 2018 - 19 July 2018
PwC ordered to pay $625m damages for audits that missed Colonial Bank fraud
By Sara Lewis
Online Published Date:
05 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
MEPs are moonlighting – TI-EU report
By Sara Lewis
Online Published Date:
17 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Top traders sentenced in Euribor rigging case
By Sara Lewis
Online Published Date:
19 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Ready, steady, respond
Time is short to contain damage when
fraud is suspected/detected so it is critical to plan ahead. Paul Cochrane looks at best practice to
be prepared.More companies have ‘fraud response plans’
(FRPs) than ever before to try to mitigate..
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
How local labour laws could stymie a fraud dismissal
French-born Audrey Milesi (info@flying-cfo.com) lived and worked in Austria, Germany and the United Kingdom before moving to Switzerland. Having started her career in external audit, she worked for a Big Four firm in Transaction Services, took on senior compliance roles at Syngenta and eBay, before launching Flying CFO, her own consultancy for internal controls, fraud and AML matters (www.flying-cfo.com).
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Unto the breach - cyber insurance
Even as firms do their best, if not
always, to secure the digital perimeter, increasingly they recognise it may not
be enough. Liz Newmark reports on
how insurers are covering the information security risk.In today’s increasingly digital..
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Biometry – figuring you out
The ability to capture ever more physical
and behavioural characteristics and compare them to a template without
perceptible delay looks set to consign passwords to history - starting in the
mobile device space. Jens Kastner
picks up on the pace..
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
How fear feeds CEO fraud
Britta Bohlinger MA, BSc (Hons), CFE (bb@risikoklar.org) is based in Berlin, Germany. She founded RisikoKlár (https://risikoklar.org) in Iceland, a not for profit
organisation that aims to educate and empower individuals and organisations to
understand and manage risk.
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Exceptional charges – expect more audit failures
David Eaton (+44 (0)7985 281168, dsaeaton@fraudriskanalysis.com is the CEO of Fraud Risk Analysis (www.fraudriskanalysis.com), which analyses companies and other organisations from a risk of fraud perspective and raises ‘red flag’ findings where it believes there are grounds for potential concern.
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Looking out
Fraud – deception for gain – is nothing new:
in its latest report, “Fraud Futures” [1], the UK Fraud Advisory Panel quotes
the Old Testament: “Unequal weights and unequal measures are both alike an
abomination to the..
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
SFO applies to reinstate charges against Barclays over Qatar funding
The UK Serious Fraud Office is
seeking to reinstate charges against Barclays over funding it secured from Qatar
during the financial crisis in 2008. In May this year, the case was
dismissed at Southwark crown court. The prosecuting agency has..
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
China’s new anti-corruption agency powers raise due process concerns
By Sara Lewis
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Cross-border currents – EU pushes VAT fraud reforms
By Keith Nuthall
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018
Germany should step up corporate bribery enforcement, says OECD
By Sara Lewis
Online Published Date:
31 July 2018
Appeared in issue:
August/September 2018 - 19 July 2018