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EC Proposes Administrative Penal Sanctions for Fishing Violations Presaging Additional Area of Direct Penal Enforcement Sanctions |
To remedy difficulties in the enforcement of the European Community’s common fisheries policy, an EC report of the European Commission published on March 16 on the surveillance of the EC’s CFP... |
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8 |
3 |
1992-03-01 |
Europe |
Environment, Maritime, Sanctions, Wildlife |
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Environmental Group Goes to Court to Force Ban on Shrimp Imports |
On February 24, 1992 the Earth Island Institute brought a complaint under the Endangered Species Act of 1973 against the Department of Commerce and State because of their alleged violations of law... |
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8 |
3 |
1992-03-01 |
United States |
Environment, Trade Enforcement, Wildlife |
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International Criminal Cooperation in Commonwealth Caribbean Advances |
In recent years, international criminal cooperation in the Commonwealth Caribbean has been strengthened. Two areas in particular that are undergoing dynamic development are technical assistance in... |
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8 |
3 |
1992-03-01 |
British Commonwealth, Caribbean |
Extradition, International Cooperation, Investigation, Prosecution, Training |
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U.S. Mexico Environmental Enforcement Cooperation Will Be Enhanced |
On February 25, the United States and Mexican Governments released a review of U.S.-Mexico environmental issues which contains discussions on developments in environmental enforcement cooperation.... |
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8 |
3 |
1992-03-01 |
Mexico, United States |
Environment, International Cooperation, Training |
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Chief of U.S. Terrorism and Violent Crimes Section Reviews Activities |
On January 14, 1992, Jerry Reynolds, Chief, Terrorism and Violent Crimes Section, U.S. Department of Justice, reviewed the work of his group. The section was established in June 1991. Much of the... |
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8 |
3 |
1992-03-01 |
United States |
Corruption, Drugs & Trafficking, Investigation, Jurisdiction, Money Laundering, Organized Crime, Piracy, Terrorism, Violence |
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French Request Extradition from Libya of Palestinian Abu Nidal Organization for 1988 Attack on Greek Boat |
On March 26, a French court ordered the extradition from Libya of a Palestinian official of the terrorist Abu Nidal organization as a result of evidence of his role in planning a July 1988 attack... |
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8 |
3 |
1992-03-01 |
France, Libya |
Extradition, Indictment, Sanctions, Terrorism |
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Proposed U.N. Sanctions against Libyan Government over Terrorism: Lockerbie Move Towards Denouement |
In the waning days of March, in response to the moves in the Lockerbie case by the Libyan Government of taking just enough action to avoid international sanctions, the United States, Britain and... |
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8 |
3 |
1992-03-01 |
Libya |
Sanctions, Terrorism, United Nations |
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House of Commons Report on BCCI Urges Regulatory Reforms While Liquidator Issues Accusations Against 1986 Auditors |
On March 11, the House of Commons Treasury and Civil Service Committee report, entitled Banking Supervision and BCCI: International and National Regulation, recommended supervisory reform. The... |
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8 |
3 |
1992-03-01 |
United Kingdom |
Banking Supervision, Regulation |
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Bibliography |
The quarterly bibliography details recently released books, articles, and documents…[more] |
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8 |
3 |
1992-03-01 |
World |
Bibliography |
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Swiss Government Implements Tightened Anti-Money Laundering Law |
On February 4, 1992, the Swiss Government’s Banking Commission promulgated new guidelines effective May 1 pursuant to a Swiss law that was enacted in 1990. Under the law, Swiss banks must investigate... |
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8 |
3 |
1992-03-01 |
Switzerland |
Banking Supervision, Financial Crimes, Investigation, Legislation, Money Laundering, Regulation |
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Bank for International Settlements Considers Sanctions Against Central Banks without Sufficient Regulatory Controls as a Result of BCCI Debacle |
As a result of the huge losses suffered due to the collapse of the Bank of Credit and Commerce International, the Bank for International Settlements Committee on Banking Regulation is considering... |
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8 |
3 |
1992-03-01 |
World |
Banking Supervision, Financial Crimes, Regulation |
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Status of Luxembourg’s Attractiveness as a Financial Sector is Questioned |
Recently international investment counselors have questioned the continued attractiveness of Luxembourg’s financial sector due to its alleged breach of secrecy rules. In particular, the allegation is... |
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8 |
3 |
1992-03-01 |
Luxembourg |
Bank Secrecy, Banking Supervision, Financial Crimes, Fraud, Investigation, Legislation, Money Laundering, Tax Crimes |
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Second Andean Drug Summit |
On February 26 and 27, President George Bush and leaders from six Latin American countries held a two-day drug summit in San Antonio, Texas. It was a follow-up of a summit held two years before. The... |
Bruce Zagaris |
8 |
3 |
1992-03-01 |
Latin America and South America, United States |
Conferences, Drug Enforcement, Drugs & Trafficking, Extradition, Human Rights, International Cooperation, Legislation |
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U.S. Supreme Court Orders Swiss Bank to Turn Over Bank Records of Panamanian Subsidiary in Criminal Tax Case |
On February 24, the United States Supreme Court ordered the Union Bank of Switzerland to turn over bank records in the possession of its Panamanian subsidiary. In doing so, the Court rejected the... |
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8 |
3 |
1992-03-01 |
Switzerland, United States |
Bank Secrecy, International Law, Investigation, Sanctions, Tax Crimes |
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IRS Obtains More Time to Submit Review of Enforcement Measures on Transfer Pricing |
The Internal Revenue Service has requested a two month delay to file with Congress a report that was due March 1 on the effectiveness of measures enacted in 1990 to increase compliance with transfer... |
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8 |
3 |
1992-03-01 |
United States |
Legislation, Tax Enforcement |
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Work of CICAD and Caribbean Financial Action Task Force Intersects Ideally |
By a fortuitous twist of circumstances, the model anti-money laundering legislation of the Inter-American Drug Abuse Commission (CICAD) and the second meeting of the Caribbean Financial Action Task... |
Bruce Zagaris |
8 |
2 |
1992-02-01 |
Caribbean |
Money Laundering |
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Vanuatu Poised to Enact Laws to Exempt Trust Companies from Confidentiality Obligation To Enable Them to Meet Obligations of International Criminal Assistance in Non-Tax Cases |
Vanuatu is poised to enact new legislation in 1992 that will exempt trust companies from confidentiality obligations in the event requests are made by law enforcement agencies for information on... |
Bruce Zagaris |
8 |
2 |
1992-02-01 |
Vanuatu |
International Cooperation |
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Australia Issues Circular Requiring Reporting of Currency Transactions |
The Australiant Cash Transaction Reports Agency (CTRA) has promulgated a circular (CTRA Information Circular No. 9) that requires the reporting of certain foreign currency transactions between... |
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8 |
1 |
1992-01-01 |
Australia |
Bank Secrecy, Money Laundering |
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Spanish Court Charges Menem's Sister-in-Law and Others with Drug and Money-Laundering Crimes |
On December 17, three major Madrid papers, El Pais, El Mundo, and El Sol reported that drug and money-laundering charges were filed against Ms. Amalia Yoma, the sister of... |
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8 |
1 |
1992-01-01 |
Argentina, Colombia, Panama, Spain, United States |
Bank Secrecy, Money Laundering |
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U.S. Issues Proposed Regulations Restricting Export of Additional Pre-Cursor Chemicals |
On December 11, the United States Drug Enforcement Administration (DEA) issued proposed regulations restricting the export to fourteen South American countries of hydrochloric acid and sulfuric acid... |
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8 |
1 |
1992-01-01 |
Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French Guiana, Guyana, Panama, Paraguay, Peru, Suriname, United States, Uruguay, Venezuela |
Drug Enforcement |