Wednesday, 20 August 2014
Last updated 8 hours ago
Mar 21 2011 | 6:53am ET
Goldman Sachs has hired a British fraud prosecutor who worked on the case of collapsed hedge fund Weavering Capital.
Kwadjo Adjepong is just one of several former Serious Fraud Office lawyers to leave the regulator as the U.K. prepares to introduce strict new anti-bribery legislation. The bribery proposal would subject British companies to prosecution if they lack sufficient compliance regimes, even if company officials know nothing of the bribe paid.
Adjepong was named a compliance vice president last month, Bloomberg News reports. U.S law firms Arnold & Porter, Covington & Burling, Skadden Arps Slate Meagher & Flom and White & Case have also added SFO veterans.
The SFO's probe into Weavering has continued. Authorities have already arrested the hedge fund's founder, Magnus Peterson, and one other person, in the nearly US$700 million fraud case.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note