Ruling alleges that bribes led to a $9.5bn judgement against the petrochemicals company
Category: Regulation
Posted inDaily Brief
Markets welcome proposed fusion of Mexican development banks
Bringing Bancomext and Nafin together increases economies of scale while a merger between Banobras and SHF could reduce expenses, sources
Posted inWeb Articles
Trade Finance in Latin America 2018
Despite regulatory and political tensions, trade finance in Latin America finds a path forward
Posted inDaily Brief
Galicia names new partner
Federico Scheffler joins the Mexican law firm’s tax practice
Posted inDaily Brief
Petrobras seeks further reimbursements from Lava Jato
State-run energy company chases almost $10bn in additional compensation for the impacts felt from a wide-ranging bribery scandal
Posted inDaily Brief
FIBA chief underscores LatAm AML compliance developments
Costs related to money laundering make up roughly 2.7% of the annual global GDP, David Schwartz says
Posted inWeb Articles
Q&A: FIBA talks AML compliance, risk in LatAm
President and CEO says there is close to $4trn worth of money being laundered on a global basis
Posted inDaily Brief
Gold Reserve nets Venezuela payments
Washington state-based mining company receives roughly $88.5m in securities as part of $1bn settlement agreement
Posted inDaily Brief
Argentina hikes rates in emergency meeting
Central bank lifts monetary policy level by 500bp to 45% amid wider EM instability
Posted inDaily Brief
Libra files for bankruptcy protection
Brazilian logistics firm looks to restructure $484m in debt while keeping open port terminals in Santos and Rio de Janeiro