Global law firm White & Case LLP predicts that regulatory authorities around the world will continue their aggressive investigation and prosecution of business conduct and impose record-setting penalties in the process.
A new report from the Firm - 'Global Investigations: Reading the Signals' – discusses the current trends in regulatory and corporate investigations.
In the wake of the global financial crisis, there has been a sustained rise in the number and variety of investigations and enforcement actions taken by regulatory authorities globally. Multinational corporations and financial institutions are now more likely than ever before to find themselves subject to cross-border investigations conducted in parallel by multiple authorities. The report covers the following areas: the challenges facing general counsel of multinationals; the evolving fight against bribery; the impact of EU financial penalties; the reach of US justice; the options when facing sanctions.