Welcome to the latest issue of The Anti-Fraud Network Newsletter:

Letter from the Editor, February 2015

Nick BurkillIn this issue, Carlos Rivas examines developments in El Salvador mark a new era for the country. Changes to the Money Laundering and Assets Act, as demanded by the Millennium Challenge Corporation in return for a potential US$277 million in project funding, and the country taking on the presidency of the Caribbean Financial Action Task Force are positive steps towards redressing the country’s poor image.

We are delighted to be able to offer you a 15% discount on Momentum’s annual Anti-Corruption & Export Controls Summit (ACES Summit) on 21 and 22 April 2015 in McLean, Virginia, USA.  The Summit will be of value to leaders and practitioners within the international trade community who specialise in anti-corruption, export controls or sanctions management.

In addition to plenary and track sessions, interactive round table discussions and opportunities to network, the Summit also includes an exclusive session in which former FCPA prosecutor Billy Jacobson will interview Richard Bistrong, who he targeted for prosecution in a 2007 FCPA investigation.  Mr Bistrong will reflect on how he “rationalised” bribery on the front lines of international business, which ultimately led to 14 months imprisonment. The discussion will cover the process of “flipping” Mr Bistrong and convincing him to cooperate undercover.

Register using code AFN15 to obtain your 15% discount.

We are always interested in articles and book reviews written by AFN members and readers. If you would like to contribute to the AFN newsletter or the website, please contact us at info@antifraudnetwork.com.

Nick Burkill

In This Issue:

Positive Developments in El Salvador: Revised Anti-Money Laundering and Assets Act and Presidency of the CFATF

CarlosRivasEl Salvador suffers from a poor image when it comes to corruption and financial crime. The country scored only 39 out of 100 in Transparency International’s (TI) 2014 Global Corruption Index and only 3.8 out of 7 in TI’s 2013 Global Competitiveness Index. Recent changes should, however, make a difference to both the country’s international reputation and the well-being and standard of living of its citizens. Changes to the Money Laundering and Assets Act, as demanded by the Millennium Challenge Corporation (MCC) in return for a potential US$277 million in project funding, and the country taking on the presidency of the Caribbean Financial Action Task Force (CFATF) mark a new era for El Salvador Continue reading

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Who We Are

The Anti-Fraud Network is a network of professionals who specialise in the prevention and investigation of fraud and white collar crime, and the pursuit of claims arising out of the theft or other dishonest appropriation of assets, corruption, misuse of confidential information or similar breaches of duty. Recovering the proceeds of fraud and corruption is one of the truly global problems facing organisations today. Proceeds rarely stay in the country where they have been stolen. For organisations to recover stolen or corrupt assets they need access to lawyers and professionals specialising in their recovery across the world.

The Anti-Fraud Network is dedicated to providing access to trusted points of contact across the globe and offering a unified first-class international service to clients, at a time when experience, speed, co-operation and highly responsive service are most important.

The Anti-Fraud Network has been Highly Commended by the Financial Times in the 2008 FT Innovative Lawyers Awards Report

UK Bribery Act Interview

Award

Chambers and Partners LogoNicholas Burkill of Dorsey & Whitney is an expert in bribery and corruption matters, and is widely considered by sources to be an authority on the implications of the new Bribery Act. Sources describe Burkill as “extremely personable, very bright, client-focused and always looking for the best commercial solutions.”

Chambers 2011

Award

The Legal 500 - United KingdomThe Dorsey team is an excellent choice for tax and fraud disputes, and group head Nicholas Burkill is ‘an enormously experienced fraud litigator, with great depth of knowledge; intelligent and hardworking, with an excellent sense of humour. One of the best around’.

Legal 500 2010

Dorsey & Whitney’s practice head Nicholas Burkill is a ‘cool-headed and determined litigator’.

Legal 500 2011