Constantine Cannon partner Mary Inman and Nick Gallo, Co-CEO of ComplianceLine, discuss whistleblowing in the US and around the globe
On October 26, 2020, international whistleblower lawyer, Mary Inman, joined Nick Gallo, CEO of ComplianceLine, on a podcast “The Ethics Experts,” which is part of the Compliance Podcast Network.
Discussions commenced with Mary explaining the various US whistleblower reward programs (CFTC, SEC, IRS, and the False Claims Act). She then described the vital role whistleblower lawyers play in guiding...
In an Effort to Curb Corruption, U.S. and Brazil Update Trade Agreement by Strengthening Whistleblower Protections
On October 19, 2020, the U.S. and Brazil signed a Protocol on trade rules and transparency, updating their 2011 Agreement on Trade and Economic Cooperation (ATEC). The Protocol includes three annexes – one of which comprises cutting-edge provisions that are at the very forefront of recent developments in the area of whistleblower protection.
Article 3 of Annex III provides specific obligations in line with both...
JPMorgan Chase Pays nearly $1 Billion in Fines for Market Manipulation of Precious Metals and U.S. Treasuries
JPMorgan Chase & Co. agreed to pay over $955 million to settle civil and criminal charges over a scheme involving fake trades in precious metals and U.S. treasuries designed to manipulate the market in an effort to enhance the bank’s profits and cut losses. The multi-agency enforcement action was brought by the Commodity Futures Trading Commission (CFTC), the Department of Justice (DOJ) and the Securities and...
The FinCEN Files Prove We Need an Anti-Money-Laundering Whistleblower Program
The FinCEN Files. It sounds ominous, and recalls the Panama Papers, the Paradise Papers, and others. Like those earlier stories, the FinCEN Files expose powerful players, including a large number of highly regulated banking giants.
The FinCEN Files, published by the International Consortium of Investigation Journalists and BuzzFeed News, document over 200,000 suspicious financial transactions via documents leaked...
It hasn’t been a great week for Australian whistleblowers.
Two days ago, the Guardian revealed that the Australian Home Affairs Department had inadvertently revealed the identity of a whistleblower by mistakenly sending confidential written materials to another, unrelated complainant’s email address. The Department apologized for the “blunder,” which is a criminal offense in Australia.
A week ago,...
Investigative Journalists Face Increasing Threats from Corrupt Regimes
Journalists around the globe are facing increasingly serious threats to their safety and freedom as they report stories that do not please corrupt governments. Most recently, Maria Ressa—a globally renowned investigative journalist from the Philippines—was found guilty last week for what is, by all accounts, a trumped-up charge of “cyber libel” based on a law that did not even exist at the time of the...