|
Swedbank Internal Investigation Shows Large Gaps in AML and Sanctions Compliance as Former CEO Loses Severance Pay |
On March 23, 2020, Swedbank released the investigative report conducted by law firm Clifford Chance showing anti-money laundering (“AML”) and sanctions gaps during the period 2014-2019... |
Bruce Zagaris |
36 |
4 |
2020-03-28 |
|
|
|
Five Countries Agree on Steps to Counter Online Child Sexual Exploitation and Abuse |
On March 5, 2020, Australia, Canada, New Zealand, the United Kingdom, and the United States announced the publication of Voluntary Principles to Counter Online Child Sexual Exploitation and Abuse... |
Bruce Zagaris |
36 |
4 |
2020-03-28 |
|
|
|
Judges Orders Extradition of Ex-Nazi Camp Guard from Tennessee to Germany |
On Wednesday, March 5, the Department of Justice (DOJ) announced that a U.S. immigration judge in Memphis ordered a Tennessee man’s extradition to Germany. The man, Friedrich Karl Berger, 94... |
Alexandra Haris |
36 |
4 |
2020-03-28 |
|
|
|
U.S. Charges 2 Chinese Nationals with Laundering Cryptocurrency from N. Korean Exchange Hack |
On March 2, 2020, the United Department of Justice unsealed a two-count indictment in the District of Columbia, charging two Chinese nationals with laundering more than $100 million worth of... |
Bruce Zagaris |
36 |
3 |
2020-03-21 |
|
|
|
M.Y. Safra Bank Settles with OCC on AML Cryptocurrency Violations |
On January 30, 2020, the Office of the Comptroller of the Currency (OCC) and M.Y. Safra Bank, FSB, New York, entered into a consent order concerning alleged violations of the Bank... |
Bruce Zagaris |
36 |
3 |
2020-03-21 |
|
|
|
Global Fragility Act Aims to Stabilize Conflict Zones and Prevent Wars |
On December 19, 2019, the United States Congress adopted the historic bipartisan Global Fragility Act (GFA), as part of the 2020 Consolidated Appropriations Act. The GFA... |
Bruce Zagaris |
36 |
3 |
2020-03-21 |
|
|
|
English High Court Decides to Override Legal Professional Privilege |
On March 3, 2020, the English High Court issued its decision on when the fraud or other iniquity exception overrides the legal professional privilege. The case concerns advice given by the... |
Bruce Zagaris |
36 |
3 |
2020-03-21 |
|
|
|
FinCEN Imposes Penalty against Compliance Officer for U.S. Bank |
On February 26, 2020, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) imposed a fine of $450,000 against former compliance officer Michael LaFontaine, after he agreed that... |
|
36 |
3 |
2020-03-12 |
|
|
|
ICC Appeals Chamber Authorizes the Prosecutor’s Request to Investigate War Crimes in Afghanistan |
On March 5, 2020, the Appeals Chamber of the International Criminal Court (ICC or the Court) decided unanimously to authorize the Prosecutor to commence an investigation into alleged crimes under... |
Bruce Zagaris |
36 |
3 |
2020-03-12 |
|
|
|
Britain Detains Founder of Russian Bank on U.S. Expatriation Tax Charges |
On March 5, 2020, the United States Department of Justice (DOJ) announced that a week earlier British authorities arrested Oleg Tinkov, the founder of a Russian bank, charging him with filing false... |
Bruce Zagaris |
36 |
3 |
2020-03-12 |
|
|
|
Residual Special Court for Sierra Leone Grants Early Release to Inmate |
On January 10, 2020, the Residual Special Court for Sierra Leona (RSCSL) granted the application of inmate Augustine Gbao for conditional early release from his confinement in Rwanda.[1] In... |
Bruce Zagaris |
36 |
3 |
2020-03-05 |
|
|
|
Spain Approves U.S. Extradition Request for the Disappeared Venezuelan Ex-General for Narcotics Charges |
On March 3, 2020, the Spanish government approved an extradition request from the United States for General Hugo Carvajal, Venezuela’s former intelligence chief. However, he has now... |
Bruce Zagaris |
36 |
3 |
2020-03-04 |
|
|
|
EU Court of Justice Clarifies the Concept of “Double (Dual) Criminality” in the European Arrest Warrant’s Procedure |
On March 3, 2020, the Court of Justice of the European Union, Grand Chamber, (the Court) delivered a judgment giving its interpretation of one of the key concepts underlying the European Arrest... |
Michael Plachta |
36 |
3 |
2020-03-04 |
|
|
|
UN Human Rights Report Alleges Deliberate Starvation as a War Crime in South Sudan |
On February 20, 2020, the UN Council on Human Rights (UNCHR) released a report by the UN Commission on Human Rights in South Sudan finding that millions of South Sudanese civilians “have been... |
Michael Plachta |
36 |
3 |
2020-03-03 |
|
|
|
Mexico Extradites El Menchito and Many Alleged Top Narcotics Traffickers to the U.S. |
On February 20, 2020, Mexico extradited another alleged top figure in the Jalisco New Generation cartel to the United States, one of approximately 40 alleged organized-crime figures it has... |
Bruce Zagaris |
36 |
3 |
2020-03-02 |
|
|
|
M.Y. Safra Bank Settles with OCC on AML Cryptocurrency Violations |
On January 30, 2020, the Office of the Comptroller of the Currency (OCC) and M.Y. Safra Bank, FSB, New York, entered into a consent order concerning alleged violations of the Bank Secrecy Act... |
Bruce Zagaris |
36 |
3 |
2020-03-01 |
|
|
|
EU Revises its List of Non-Cooperative Jurisdictions for Tax Purposes |
On February 18, 2020, the European Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes. Besides the eight jurisdictions on the list, the EU... |
Bruce Zagaris |
36 |
3 |
2020-02-29 |
|
|
|
Panama Papers Investigation Yields Guilty Plea from Prior U.S. Taxpayer |
On February 18, 2020, a former U.S. resident and taxpayer who was charged along with three other individuals in connection with a decades-long criminal scheme perpetrated by Mossack Fonseca &... |
Bruce Zagaris |
36 |
3 |
2020-02-29 |
|
|
|
Audit Exposes Financial Irregularities in African Soccer and FIFA’s Continued Issue with Corruption |
In early February 2019, a report was released showing that the governing body for soccer in Africa, the Confederation of African Football (CAF), uncovered millions of dollars of financial... |
Alexandra Haris |
36 |
3 |
2020-02-29 |
|
|
|
UK Appellate Court Upholds UWO against Azerbaijani Banker’s Wife |
On February 5, 2020, the England and Wales Court of Appeal dismissed an appeal by the wife of a jailed Azerbaijani banker to discharge the unexplained wealth order (UWO) against her property in... |
Bruce Zagaris |
36 |
2 |
2020-02-18 |
|
|
