GIR June 2016

Ever since the Serious Fraud Office concluded its first Deferred Prosecution Agreement with Standard Bank in late 2015, London lawyers have had the settlement under a microscope, trying to glean what they can from the judge’s decision.

In this issue, we take our own microscopes to the case. At GIR Live London in April, we invited a select group of panellists – including counsel to Standard Bank, Nicholas Purnell QC at Cloth Fair Chambers – to give their verdict on the DPA and to discuss the role of privilege in internal investigations.

In this edition:

• Data security: Storing data on US servers may compromise investigations
• Interview: Mark Livschitz – Bilfinger monitor
• Telenor: 
  • Executives resign
  • Interview: Marianne Djupesland
• Piercing the corporate veil: beneficial ownership registers not the answer
• Siemens enters into US$43 million Israel NPA
• Tabcorp to walk a cooperation “tightrope” in Cambodia bribery probe
• Standard Bank DPA: 
  • First accounts: interview transcripts not required
  • What’s in a name?
• Fokker DPA
• GIR Live London: 
  • FCA won’t delegate investigations
  • Middle management targeted by new FCA regime
  • Disclosing first accounts could waive privilege, says Standard Bank QC
  • DPAs and Privilege
• People news