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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Posts Tagged: Libor

Don’t forget antitrust enforcement (and compliance)

The DOJ said last week it collected $1.86 billion in criminal fines and penalties from antitrust prosecutions during the fiscal year that ended September 30, 2014. 

Five companies paid penalties of more than $100 million each, including a $425 million criminal fine levied against Bridgestone Corp.,… Continue Reading

UK fines Barclays £26 million for fixing gold prices

The Financial Conduct Authority fined Barclays £26 million ($43.9 million) after accusing a former trader at the bank of improperly influencing gold prices at the expense of a customer.

The FCA said in its final notice Friday that it had imposed the fine because Barclays did not adequately manage conflicts of interest between itself and its customers.… Continue Reading

Top U.S. prosecutor, Mythili Raman, leaving Justice Department

Acting Assistant Attorney General Mythili Raman of the Department of Justice’s Criminal Division announced on Wednesday that she is leaving the agency, effective March 21, 2014.

Under her leadership for the past year, the Criminal Division charged or convicted more than a dozen individuals for FCPA-related violations, and secured three of the ten of the biggest corporate FCPA resolutions ever involving a unit of Alcoa, France’s Total SA, and Weatherford International.… Continue Reading

Compliance is hot — why hiring is on the upswing

If 2013 and the last two weeks have shown us anything, the rollout of regulation and pace of enforcement actions related to corporate wrongdoing are not showing signs of slowing. In corresponding fashion, is the hiring of professionals dedicated to creating and monitoring corporate compliance policies and procedures on the upswing?… Continue Reading

RBS pleads guilty to manipulating LIBOR, false reporting

The Department of Justice (DOJ) Commodities Futures Trading Commission (CFTC) and Financial Services Authority (FSA) in the UK settled charges on Monday with the Royal Bank of Scotland (RBS) for manipulating the Japanese Yen London Interbank Offered Rate (LIBOR) and for felony wire fraud.… Continue Reading