The SFO head says a deal to share staff is in the final stages. But a resource-strained Justice Department hasn’t confirmed its commitment.

Serious Fraud Office Director David Green hasn’t been content to follow the DOJ’s lead as his agency has in years past – especially on a high-profile scandal in his own back yard.

A prominent member of the Saudi royal family is at the heart of a US criminal probe into whether Barclays made improper payments in the kingdom, with investigators scrutinising two separate incidents linked to a son of King Abdullah.

Acting Assistant Attorney General Mythili Raman said corporate settlements provide a “roadmap” to criminal conduct that helps prosecutors pursue individuals.

Simply put, a company’s cooperation – which can lead us to critical information about wrongdoing by executives and employees – can absolutely make the difference as we assess whether there is proof beyond a reasonable doubt sufficient to charge an individual.

What powers does U.S. District Judge John Gleeson have over the London-based bank’s deferred prosecution agreement anyway?

As the SEC touts its new “broad view” of the investment world, attorneys say compliance exams of newly registered advisors are a new avenue for turning up corruption risks.

Allen & Overy LLP partner John Terzaken said cartel investigations of the auto-parts industry will likely remain a focus, which could help make 2013 another record year for collection of penalties.

Barclays says U.S. authorities are probing it for potential foreign bribery violations, drawing attention to relations with a Qatari investment fund that were already under scrutiny in the U.K.

Critics of deferred prosecution agreements say they don’t deter corporate crime. But businesses are increasingly looking at how they transform law enforcement into a regulatory role.

Robertson Park, a former Assistant Chief of the Justice Department’s Fraud Section, has joined the Washington, D.C. office of the financial services law firm Murphy & McGonigle PC, the firm announced.
Park was part of the Justice Department trial team which won the 2009 conviction of Frederic A. Bourke Jr. under the Foreign Corrupt Practices Act, [...]

Barclays Plc (BARC) faces a criminal probe into fees it paid in 2008 to Qatar’s sovereign wealth fund as the bank sought to raise money to avoid a government bailout.
The Serious Fraud Office, which prosecutes bribery and white-collar crime, told the London-based bank it has “commenced an investigation into payments under certain commercial agreements between [...]

Assistant Attorney General for the Criminal Division Lanny Breuer issued the following statement regarding Jennifer Shasky Calvery’s departure:
“Over the past two years, Jennifer Shasky Calvery has led the Asset Forfeiture and Money Laundering Section (AFMLS) with great distinction and helped to develop key initiatives aimed at maximizing the Criminal Division’s ability to seek forfeiture of criminal [...]

Jennifer Shasky Calvery’s appointment marks a trend of more former prosecutors in Treasury Department enforcement.
UPDATED.

John F. Terzaken will leave his post as the Antitrust Division’s Director of Criminal Enforcement for Allen & Overy in Washington, D.C.

Just Anti-Corruption has learned that the British anti-fraud agency is prepared to move against the Eurasian Natural Resources Corporation, in headlines in Britain over corruption allegations. But it has not pulled the trigger.

The global anti-corruption group is asking the Libyan government to publish oil contracts and calling for investigations into banks that processed laundered funds from Nigeria.

The Office of Foreign Assets Control has ramped up enforcement of economic sanctions programs, leveling more than $1 billion in civil fines and penalties since 2009.

In 2009, Mabey & Johnson became the first major British company to be convicted of a foreign bribery offense.

“It’s indisputable we’re giving very real credit,” U.S. Justice Department Criminal Division chief Lanny Breuer said Thursday. Defense lawyers have questioned whether prosecutors make it worthwhile for companies to voluntarily disclose Foreign Corrupt Practices Act violations.

Assistant Attorney General Lanny Breuer’s remarks at the American Bar Association and American Bankers Association Money Laundering conference.

Barclays, NatWest, RBS, HSBC and UBS helped to fuel corruption, an analysis of U.K. court records shows.

In hearings on Monday and Tuesday, federal judges registered pique at proposed settlement agreements between the government and multinational banks, calling one “a sweetheart deal” and the other “baffling.”

The Justice Department said the bank facilitated illegal transactions for countries and parties sanctioned by the Treasury Department’s Offce of Foreign Assets Control — including Cuba, Iran, Sudan and Burma.