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: Money Laundering in Switzerland: Analysis and Some Observations |
The financial sector in Switzerland has traditionally been associated with secrecy, which makes it prone to exploitation by money launderers. The aim of the Swiss government and of the financial... |
Konstantinos D Magliveras |
15 |
1 |
1999-01-01 |
Switzerland |
Money Laundering |
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44 Countries Promise to Help Return Nazi-Looted Art |
On December 3, 1998, at a conference, 44 countries approved guidelines to restore thousands of works of art looted by the Nazis to their rightful owners or their heirs. Meanwhile, efforts continue... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
World |
Art and Cultural Property, Law of War |
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U.S.-Swiss Cooperation Results in Seizure of $276 Million of Drug Money |
On December 18, 1998, the U.S. announced the seizures of $276 million in illicit drug money from a Colombian trafficking organization and its associates. It was the largest confiscation in history... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
United States, Colombia, Switzerland |
Money Laundering, Drugs & Trafficking, Asset Seizure |
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Yugoslavian War Crimes Tribunal |
Several developments indicate the Tribunal for War Crimes in the Former Yugoslavia is actively adjudicating cases and making significant jurisprudential decisions while experiencing growth pains... [... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
Former Yugoslavia |
Law of War, War Crimes, Genocide |
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U.S. Removes Iran and Malaysia from List of Problem Drug Countries |
On December 7, 1998, U.S. President Bill Clinton in a letter to key members of Congressional House and Senate international relations and appropriations committees, removed Iran and Malaysia from the... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
United States, Iran, Malaysia |
Drugs & Trafficking |
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Mexico Initiates Intellectual Property Law Enforcement |
On November 11, 1998, Herminio Blanco, Mexican Secretary of Commerce and Industrial Development, announced a national campaign to strengthen intellectual property enforcement... [more] |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
Mexico |
Intellectual Property |
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Brazil Brings WTO Complaint Against EU for Anti-Narcotics Preferences |
On December 9, 1998, the Brazilian Government filed a complaint with the World Trade Organization regarding the European Union (EU) preferential terms for imports of instant coffee from countries... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
Brazil, Europe |
Drugs & Trafficking |
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Council of Europe Promulgates Convention on Protection of the Environment Through Criminal Law |
On November 16, 1998, seven countries signed the Council of Europe’s Convention on the Protection of the Environment through Criminal Law, which opened for signature November 4, 1998. An article... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
World, Europe |
Environment |
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Caribbean Financial Action Task Force Adopts Resolution on OECD Harmful Tax Competition Report |
On November 19, 1998, the Caribbean Financial Action Task Force (CFATF), at a meeting in the Cayman Islands, adopted a resolution appointing a working group to study the OECD Harmful Tax Competition... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
World |
Tax Enforcement |
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Japan Requests Securities Enforcement Cooperation Agreement with U.S. |
On December 3, 1998, the Japanese Securities and Exchange Surveillance Commission announced it was requesting the U.S. Securities and Exchange Commission (SEC) to conclude a bilateral agreement on... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
United States, Japan |
Securities Law |
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Australia Arrests on Behalf of Mexico Mr. Cabal, Fugitive for Financial Crimes |
On November 11, 1998, the Australian Government arrested Mr. Carlos Cabal Peniche, who fled Mexico in 1994 and has been one of Mexico’s most-wanted fugitives... [more] |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
Mexico, Australia |
Extradition |
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Germany Extradites Salim, U.S. Indicts 5 More for Role in Embassy Bombings |
On December 20, 1998, the German Government turned over Mamduh Mahmud Salim to U.S. officials for extradition to the U.S... [more] |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
United States, Germany, Kenya, tanzania |
Terrorism |
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Germany Decides Not To Extradite Kurdish Leader |
On November 27, 1998, the German Government rebuffed Italy’s demand that it seek the extradition from Italy of Abdullah Ocalan, leader of the Kurdish workers’ party (PKK), calling instead for his... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
Germany, Italy, Turkey |
Extradition |
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EU Parliament Proposes to Extend Money Laundering Cooperation |
On November 17, 1998, the European Parliament deputies proposed that the European Union (EU) revise regulations on mutual assistance and information sharing for anti-money laundering so that customs... |
Bruce Zagaris |
15 |
1 |
1999-01-01 |
Europe |
Money Laundering, Customs Enforcement, Mutual Legal Assistance |
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British Court Rules Pinochet Has Sovereign Immunity |
On October 28, 1998, Britain’s High Court ruled that Augusto Pinochet cannot be tried in court for anything he did while he was president of Chile on the basis of sovereign immunity... [more] |
Bruce Zagaris |
14 |
12 |
1998-12-01 |
United Kingdom, Chile |
Human Rights, Immunity |
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U.S. Enacts Anti-Money Laundering Act |
Before adjourning, the U.S. Congress enacted the Money Laundering and Financial Crimes Strategy Act of 1998. The goal of the law is to establish a national strategy to combat money laundering and... |
Bruce Zagaris |
14 |
12 |
1998-12-01 |
United States |
Money Laundering, Bank Secrecy |
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Conference on War Crimes Trials in the Former Yugoslavia |
The Humanitarian Law Center, a well recognized NGO of the Former Yugoslavia (FRY), organized a Conference on the war crimes trials and the work of the International Criminal Tribunal for the Former... |
Dr. Kai Ambos |
14 |
12 |
1998-12-01 |
Former Yugoslavia |
International Organizations, Law of War, War Crimes, Conferences |
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Proposed U.S. Know Your Customer Rule Will Formalize Internal Control Procedures |
The proposed “Know Your Customer” regulation contained in the Board of Governors of the Federal Reserve System’s memorandum dated September 28, 1998 requires banks to develop for the first time their... |
Bruce Zagaris |
14 |
12 |
1998-12-01 |
United States |
Money Laundering, Bank Secrecy |
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Holocaust Victims Pursue Recoveries Against Companies and Art Looters |
On November 6, 1998, the World Jewish Congress announced plans to publicize a list of 2,000 persons involved in the Nazi loot of art during World War II. The counsel for alleged victims of slave... |
Bruce Zagaris |
14 |
12 |
1998-12-01 |
World |
Art and Cultural Property, International Organizations, Law of War, War Crimes |
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China and U.S. Resume Unprecedented Drug Enforcement Cooperation |
After many years of restrained cooperation, the People’s Republic of China and the U.S. have taken bold new measures to combat international narcotics trafficking. The measures include: the... |
Bruce Zagaris |
14 |
12 |
1998-12-01 |
United States, China |
Intelligence, Drugs & Trafficking, International Cooperation, Drug Enforcement |