Investigations and Enforcement: Financial Services

In recent years, international economic transactions have increased both in frequency and amounts in and between the world's various economic blocks. The main factors that have enhanced commercial activity between countries include: Greater access to international finance. Greater flow of goods and services between countries attempting to satisfy the growing market demand. The globalisation phenomena. Due to increasing global activity, more stringent regulation and alignment is required in every country that is involved in the economic status quo. The growth and development of commercial transactions between nations requires that the legal framework of the countries involved must consistently suit the incessant operations taking place around the world. Efforts towards avoiding law-infringement in piracy, data protection, international trade, transparency in government procurement and public bidding and foreign investment (among others) as well as with anti-corruption, aim to establish the rule of law and certainty for cross-border investors. Bribery is one of the most common challenges for foreign investors when they arrive at unknown territories to do business. Bribery is a major threat to commercial activity and economic factors, therefore, stronger anti-bribery measures are required wherever foreign investment is welcomed. Many countries have now embodied regulations and policies in their legal frameworks in order to ban, limit and sanction undue p

A Q&A guide to corporate crime, fraud and investigations in Argentina. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in Canada. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in China. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in Germany. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in Indonesia. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in Italy. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in the Russian Federation. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in Switzerland. The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

A Q&A guide to corporate crime, fraud and investigations in the UK (England and Wales). The Q&A gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse, money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing. To compare answers across multiple jurisdictions, visit the Corporate Crime, Fraud and Investigations Country Q&A tool. This Q&A is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

This tool enables subscribers to search the Country Q&A in the Corporate Crime, Fraud and Investigations multi-juridictional guide by question and jurisdiction. Simply select the questions and the jurisdictions that you are interested in and click the "submit" button. Please note that the law stated dates for each jurisdiction covered may not be the same. To check the law stated dates for each jurisdiction, please visit the individual article.

This article looks at the increasing data management challenges faced by organisations in relation to financial crime, due to tightening regulation, growing demands by customers for integrity in organisations' financial dealings and increasing criminal sophistication. It also discusses how new approaches to data are driving efficiency and building effectiveness, and looks at: Implementing an integrated approach to data. Responding to e-discovery requests. Computer assisted document review. Disclosure of structured data. This article is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

This article looks at legal requirements and obligations, and potential personal liabilities and legal risks, for executives and senior management in Turkey, in the light of the US Foriegn Corrupt Practices Act and the UK Bribery Act. This article is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.

In this article some of the UK's leading financial services practitioners consider key issues raised in the FSA's 2011 Prudential Risk Outlook (2011 PRO), 2011 Retail Conduct Risk Outlook (2011 RCRO) and Business Plan for 2011/12 (2011/12 BP). For detailed coverage of these FSA publications, see Practice notes, FSA priorities for 2011/12 and FSA key messages for firms for 2011/12.

PLC Cross-border has a new Corporate Crime, Fraud and Investigations multi-jurisdictional guide, which answers key questions on white-collar crime from the perspective of legal practitioners in 18 jurisdictions.

This article considers current legislation and enforcement trends in relation to bribery and corruption in the US, the UK, Germany, the Russian Federation and China.

An examination of how the extradition framework operates, the risks UK executives face when doing business connected to the US and some of the steps companies can take to minimise extradition risks.This article is part of the PLC US Special Report, which was published to mark the launch of PLC's first US services.

This article examines: The key pieces of anti-bribery and anti-corruption legislation currently in force in the UK, US, Australia, and China, with a particular focus on bribery of domestic and foreign public officials. The regulators responsible for enforcing this legislation in each jurisdiction. The advantages and disadvantages of making a voluntary disclosure to law enforcement authorities in the event that a company discovers potentially corrupt conduct within its ranks. This article is part of the PLC multi-jurisdictional guide to corporate crime, fraud and investigations law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-mjg.