FRA Partners Neil Goradia and Drew Costello and FRA Director Jenna Voss attended the 5^th Annual GIR Live New York event. This year’s event featured two panels discussing current industry topics in addition to a keynote address from Matthew Miner, Deputy Assistant Attorney General, Criminal Division, US Department of Justice. Below, Jenna shares some key insights from the day.

Throughout the day the overwhelming theme was proactively report. During his keynote, Deputy Assistant Attorney General Miner pointed to the recent Barclay’s matter that resulted in declination which would have ended differently if not for Barclay’s self-disclosure. Similarly, the Deputy Assistant encouraged openness and cooperation. He cited Barclay’s willingness to fully cooperate in the criminal investigation as another factor taken into consideration. The Deputy Assistant also encouraged transparency during mergers and acquisition deals, pointing to the fact that regulators are aware that deals move quickly and access to information during the pre-acquisition phase can be limited.

Another key topic discussed during the day was recent FCPA cases in coordination with other regulators. For example, 80% of the Petrobas resolution was payable to Brazil. And finally, we can expect to continue to see cases brought to court due to a focus on individual accountability.

For more on GIR Live New York and future GIR events, visit their website. Deputy Assistant Attorney General Mike Miner’s keynote is also available.

Neil joins FRA with considerable experience providing accounting and advisory services to clients across a variety of industries, and geographies.

Neil specializes in the delivery of forensic accounting services including accounting fraud, audit/accounting malpractice litigation, anti-corruption investigations and compliance, and asset misappropriation and embezzlement. Beyond investigations, Neil brings broad experience that includes claims processing, M&A financial and compliance due diligence, corporate finance, corporate valuations, business recovery and restructurings, and external and internal audit services.

Neil said of his appointment “I am delighted to have joined FRA. I am very impressed with the collaborative way that FRA serves its clients, bringing a team of professionals with a rich diversity of backgrounds, skills and expertise.  FRA’s reputation for quality, professionalism and ability to bring innovative solutions is reflected in the calibre of corporate clients, top-tier law firms and regulators who rely on FRA to resolve complex business and compliance issues.”

 

FRA Associate Director, Lewis Ripple, is speaking on a panel this Thursday, 13 September, at The Sedona Conference Working Group on Data Security and Privacy Liability 2018 Mid-Year Meeting. Lewis and other panellists will discuss US judicial enforcement of orders entered under the EU General Data Protection Regulation (GDPR). This panel serves as one of three main focus points of the meeting, including reasonable security tests and transparency in AI systems. The meeting will also include sessions regarding international data security and privacy developments throughout the EU, South America, APAC and Canada, as well as regulatory updates in the industry.

Key insights will be posted after the event.