{"id":23423,"date":"2024-11-14T18:55:54","date_gmt":"2024-11-14T18:55:54","guid":{"rendered":"https:\/\/diazreus.com\/?p=23423"},"modified":"2024-11-14T19:23:36","modified_gmt":"2024-11-14T19:23:36","slug":"global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance","status":"publish","type":"post","link":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/","title":{"rendered":"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance"},"content":{"rendered":"

By Michael Diaz, Jr.<\/a> and Javier Coronado<\/a>. With special thanks to Isabela Hern\u00e1ndez-Peredo<\/a> and G\u00e1bor Gazs\u00f3 von Klingspor<\/a>.<\/p>\n

General context, key principles and hot topics
\n1 Identify the highest-profile corporate investigation under way in your country, describing and commenting on its most noteworthy aspects.
\nNodus International Bank, a Puerto Rican bank, has been at the centre of a high-profile criminal investigation involving the Department of Justice (DOJ), various federal agencies and Puerto Rican regulators. Nodus entered a liquidation plan under the supervision of Puerto Rico\u2019s Commissioner of Financial Institutions Office (OCIF). The bank agreed to cease operations and use its licence solely for liquidating its assets and returning depositors\u2019 money. In March 2023, however, OCIF discovered that Nodus had made insider payments to directors, shareholders and affiliated individuals and companies, rather than adhering to the liquidation plan.<\/p>\n

The ongoing criminal investigation has led to the freezing of approximately US$80 million in assets located in Miami, Puerto Rico and several Latin American countries. Nodus is also facing multiple lawsuits in the United States from account holders who have lost access to their funds due to the bank\u2019s wrongful diversion of payments in violation of the liquidation plan. Many affected account holders had entrusted their money to Nodus, believing it would be safer in an international bank than in a local financial institution.<\/p>\n

The situation could deteriorate further because the bank\u2019s accounts are not covered by the Federal Deposit Insurance Corporation because it operated as an international banking entity in Puerto Rico, thus excluding it from US federal insurance. Additionally, this is not the first time Nodus may have run afoul of US law. On 18 October 2022, the Office of Foreign Assets Control (OFAC) issued a finding of violation, concluding that Nodus violated US sanctions relating to Venezuela by knowingly transacting with blocked funds without an OFAC licence and failing to maintain relevant records for these transactions.<\/p>\n

2 Outline the legal framework for corporate liability in your country.
\nA state or federal statute will typically provide the legal basis for authorities to investigate and prosecute a corporation, as well as the way in which a corporation\u2019s criminal liability should be determined. Additionally, under the common law doctrine of respondeat superior, a corporation may be held liable based on the actions of its directors, officers, employees or other agents if those actions were within the scope of the agents\u2019 duties and benefited or sought to benefit the corporation.<\/p>\n

According to the DOJ\u2019s \u2018Principles of Federal Prosecution of Business Organizations\u2019, there are 11 factors that federal prosecutors should consider in deciding whether to criminally charge a corporation:<\/p>\n

the nature and seriousness of the offence;
\nthe pervasiveness of wrongdoing within the corporation;
\nthe corporation\u2019s history of similar misconduct;
\nthe corporation\u2019s willingness to cooperate;
\nthe adequacy and effectiveness of the corporation\u2019s compliance programme at the time of the offence, as well as at the time of a charging or resolution decision;
\nthe corporation\u2019s timely and voluntary disclosure of wrongdoing;
\nthe corporation\u2019s remedial actions;
\ncollateral consequences;
\nthe adequacy of remedies, such as civil or regulatory enforcement actions;
\nthe adequacy of the prosecution of individuals responsible for the corporation\u2019s malfeasance; and
\nthe interest of any victims.<\/p>\n

READ MORE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Michael Diaz, Jr. and Javier Coronado. With special thanks to Isabela Hern\u00e1ndez-Peredo and G\u00e1bor Gazs\u00f3 von Klingspor. General context, key principles and hot topics 1 Identify the highest-profile corporate investigation under way in your country, describing and commenting on its most noteworthy aspects. Nodus International Bank, a Puerto Rican bank, has been at the centre of a high-profile criminal … Read More<\/a><\/p>\n","protected":false},"author":5,"featured_media":20611,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","inline_featured_image":false,"footnotes":""},"categories":[872,231],"tags":[],"class_list":["post-23423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-publications","category-articulos"],"acf":[],"yoast_head":"\nGlobal Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance - Diaz Reus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance - Diaz Reus\" \/>\n<meta property=\"og:description\" content=\"By Michael Diaz, Jr. and Javier Coronado. With special thanks to Isabela Hern\u00e1ndez-Peredo and G\u00e1bor Gazs\u00f3 von Klingspor. General context, key principles and hot topics 1 Identify the highest-profile corporate investigation under way in your country, describing and commenting on its most noteworthy aspects. Nodus International Bank, a Puerto Rican bank, has been at the centre of a high-profile criminal ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/\" \/>\n<meta property=\"og:site_name\" content=\"Diaz Reus\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-14T18:55:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-14T19:23:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/diazreus.com\/wp-content\/uploads\/2023\/01\/GIR-INSIGHT-CONTRIBUTOR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"mbattier@diazreus.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"mbattier@diazreus.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/\"},\"author\":{\"name\":\"mbattier@diazreus.com\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/#\\\/schema\\\/person\\\/ac819f404d59c9664cc3132d90054303\"},\"headline\":\"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance\",\"datePublished\":\"2024-11-14T18:55:54+00:00\",\"dateModified\":\"2024-11-14T19:23:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/\"},\"wordCount\":552,\"image\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/diazreus.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/GIR-INSIGHT-CONTRIBUTOR.jpg\",\"articleSection\":[\"Articles & Publications\",\"Art\u00edculos\"],\"inLanguage\":\"es\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/\",\"url\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/\",\"name\":\"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance - Diaz Reus\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/diazreus.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/GIR-INSIGHT-CONTRIBUTOR.jpg\",\"datePublished\":\"2024-11-14T18:55:54+00:00\",\"dateModified\":\"2024-11-14T19:23:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/#\\\/schema\\\/person\\\/ac819f404d59c9664cc3132d90054303\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/diazreus.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/GIR-INSIGHT-CONTRIBUTOR.jpg\",\"contentUrl\":\"https:\\\/\\\/diazreus.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/GIR-INSIGHT-CONTRIBUTOR.jpg\",\"width\":960,\"height\":640},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/diazreus.com\\\/es\\\/home-espanol\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/#website\",\"url\":\"https:\\\/\\\/diazreus.com\\\/es\\\/\",\"name\":\"Diaz Reus\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/diazreus.com\\\/es\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/diazreus.com\\\/es\\\/#\\\/schema\\\/person\\\/ac819f404d59c9664cc3132d90054303\",\"name\":\"mbattier@diazreus.com\",\"url\":\"https:\\\/\\\/diazreus.com\\\/es\\\/author\\\/mbattierdiazreus-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance - Diaz Reus","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/","og_locale":"es_ES","og_type":"article","og_title":"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance - Diaz Reus","og_description":"By Michael Diaz, Jr. and Javier Coronado. With special thanks to Isabela Hern\u00e1ndez-Peredo and G\u00e1bor Gazs\u00f3 von Klingspor. General context, key principles and hot topics 1 Identify the highest-profile corporate investigation under way in your country, describing and commenting on its most noteworthy aspects. Nodus International Bank, a Puerto Rican bank, has been at the centre of a high-profile criminal ... Read More","og_url":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/","og_site_name":"Diaz Reus","article_published_time":"2024-11-14T18:55:54+00:00","article_modified_time":"2024-11-14T19:23:36+00:00","og_image":[{"width":960,"height":640,"url":"https:\/\/diazreus.com\/wp-content\/uploads\/2023\/01\/GIR-INSIGHT-CONTRIBUTOR.jpg","type":"image\/jpeg"}],"author":"mbattier@diazreus.com","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"mbattier@diazreus.com","Tiempo de lectura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#article","isPartOf":{"@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/"},"author":{"name":"mbattier@diazreus.com","@id":"https:\/\/diazreus.com\/es\/#\/schema\/person\/ac819f404d59c9664cc3132d90054303"},"headline":"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance","datePublished":"2024-11-14T18:55:54+00:00","dateModified":"2024-11-14T19:23:36+00:00","mainEntityOfPage":{"@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/"},"wordCount":552,"image":{"@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#primaryimage"},"thumbnailUrl":"https:\/\/diazreus.com\/wp-content\/uploads\/2023\/01\/GIR-INSIGHT-CONTRIBUTOR.jpg","articleSection":["Articles & Publications","Art\u00edculos"],"inLanguage":"es"},{"@type":"WebPage","@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/","url":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/","name":"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance - Diaz Reus","isPartOf":{"@id":"https:\/\/diazreus.com\/es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#primaryimage"},"image":{"@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#primaryimage"},"thumbnailUrl":"https:\/\/diazreus.com\/wp-content\/uploads\/2023\/01\/GIR-INSIGHT-CONTRIBUTOR.jpg","datePublished":"2024-11-14T18:55:54+00:00","dateModified":"2024-11-14T19:23:36+00:00","author":{"@id":"https:\/\/diazreus.com\/es\/#\/schema\/person\/ac819f404d59c9664cc3132d90054303"},"breadcrumb":{"@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#breadcrumb"},"inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#primaryimage","url":"https:\/\/diazreus.com\/wp-content\/uploads\/2023\/01\/GIR-INSIGHT-CONTRIBUTOR.jpg","contentUrl":"https:\/\/diazreus.com\/wp-content\/uploads\/2023\/01\/GIR-INSIGHT-CONTRIBUTOR.jpg","width":960,"height":640},{"@type":"BreadcrumbList","@id":"https:\/\/diazreus.com\/es\/global-investigations-around-the-world-usa-fresh-legislation-targets-corporate-crime-and-incentivises-compliance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/diazreus.com\/es\/home-espanol\/"},{"@type":"ListItem","position":2,"name":"Global Investigations Around the World: USA: fresh legislation targets corporate crime and incentivises compliance"}]},{"@type":"WebSite","@id":"https:\/\/diazreus.com\/es\/#website","url":"https:\/\/diazreus.com\/es\/","name":"Diaz Reus","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/diazreus.com\/es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Person","@id":"https:\/\/diazreus.com\/es\/#\/schema\/person\/ac819f404d59c9664cc3132d90054303","name":"mbattier@diazreus.com","url":"https:\/\/diazreus.com\/es\/author\/mbattierdiazreus-com\/"}]}},"_links":{"self":[{"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/posts\/23423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/comments?post=23423"}],"version-history":[{"count":3,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/posts\/23423\/revisions"}],"predecessor-version":[{"id":23426,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/posts\/23423\/revisions\/23426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/media\/20611"}],"wp:attachment":[{"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/media?parent=23423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/categories?post=23423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diazreus.com\/es\/wp-json\/wp\/v2\/tags?post=23423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}