The International Enforcement Law Reporter

The International Enforcement Law Reporter is a monthly print and online journal covering news and trends in international enforcement law.

Since September 1985, the International Enforcement Law Reporter has analyzed the premier developments in both the substantive and procedural aspects of international enforcement law. Read by practitioners, academics, and politicians, the IELR is a valuable guide to the difficult and dynamic field of international law.

U.S. Commerce Department Announces Significant Restrictions on Exports, with an Increased Scrutiny on China, Russia, and Venezuela

Saturday, May 16, 2020
Author: 
Cynthia Arrambide
Volume: 
36
Issue: 
5
Abstract: 

On April 27, 2020, the U.S. Department of Commerce Bureau of Industry and Security (BIS) issued new export control measures devised to enforce further restrictions on exports and technology transfers to China, Russia, Venezuela.[1] Two final rules and a proposed rule are expected to prevent efforts by the aforementioned countries in acquiring U.S. goods and technology for military and intelligence operations. 

International Crackdown Leads to the Confiscation of 19,000 Artifacts and 101 Arrests

Saturday, May 16, 2020
Author: 
Alexandra Haris
Volume: 
36
Issue: 
5
Abstract: 

On May 6, 2020, INTERPOL announced that more than 19,000 artifacts and other artworks (including a Colombian gold mask, a carved Romanian lion, and thousands of ancient coins) had been recovered during two operations.[1] These operations, Athena II and Pandora IV, included INTERPOL, Europol, and the World Customs Organization (WCO) and spanned 103 countries to focus on the dismantlement of international criminal networks of art and antiquities traffickers. 

EU Publishes AML/CFT Action Plan

Saturday, May 16, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
5
Abstract: 

On May 7, 2020, the European Commission issued an Action Plan to provide concrete measures over the next 12 months.[1] It will strengthen its enforcement, supervision, and coordination of the EU’s rules to combat money laundering and terrorist financing.

Registry of UBOs Follows Evolution of Corporate Entities in Panama

Saturday, May 16, 2020
Author: 
Alvaro Aguilar Alfu
Volume: 
36
Issue: 
5
Abstract: 

Law 32 of 1927 on Corporations was enacted 93 years ago and has remained without changes; always requiring that all corporate charters list the name of their resident agent as a point of contact between the government and owners who could be anywhere in the world.  Decree 147 of 1966, later specified that only a lawyer or law firm accredited in Panama could act as resident agent of a corporation.  As special laws were enacted for limited liability companies, trusts, and private interest foundations, the requirement of a law firm acting as resident agent subsisted and remaining associations and charities were exempt.[1]

Bank Hapoalim Settles with DOJ for Over $30 Million for FIFA Money Laundering

Saturday, May 9, 2020
Abstract: 

On April 30, 2020, Bank Hapoalim B.M. (BHBM), an Israeli bank with international operations, and its willy owned subsidiary, Hapoalim (Switzerland) Ltd. (BHS), have agreed to forfeit $20,733,322 and pay a fine of $9,329,995 to settle a criminal investigation into their participation in a money laundering conspiracy that were allegedly part of the FIFA international bribery scheme.[1]

Israel’s Largest Bank Agrees to $874 Million Penalty with U.S. over Tax Crimes

Saturday, May 9, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
5
Abstract: 

On April 30, 2020, the U.S. government announced the guilty plea of Bank Hapoalim (Switzerland) Ltd. and filing of criminal charges against Bank Hapoalim B.M. for conspiring with U.S. taxpayers and others to hide more than $7.6 billion in more than 5,500 secret Swiss and Israeli bank accounts and the income made from these accounts from the Internal Revenue Service.[1]

Germany Considers Hezbollah a Terrorist Organization and Bans its Activities

Saturday, May 9, 2020
Author: 
Michael Platcha
Volume: 
36
Issue: 
5
Abstract: 

On April 30, 2020, the German Federal Minister of the Interior Horst Seehofer banned all activities by the Shiite terrorist organization Hezbollah (in English: Party of God, also transliterated as Hizbollah and Hizbullah) in Germany. To ensure that evidence of potential sub-organizations in Germany could not be destroyed when this ban was announced, police authorities in North Rhine-Westphalia, Bremen, and Berlin have been conducting searches at 6 a.m.  on a total of four association premises and the private residences of the leaders of each association.

Retired FBI Agent Arrested on Charges of Bribery in Exchange for Providing Sensitive Information

Saturday, May 2, 2020
Author: 
Alexandra Haris
Volume: 
36
Issue: 
5
Abstract: 

On Friday, April 24, 2020, a former FBI agent was arrested near his home in Lafayette, California for allegedly accepting more than $200,000 in cash bribes and gifts for providing sensitive information to Armenian organized crime.[1]

9TH and D.C. Circuit Courts of Appeals Rules Against City of Almaty in Civil RICO Case to Recover Funds

Saturday, May 2, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
5
Abstract: 

On April 22, 2020, the U.S. Court of Appeals for the 9th Circuit affirmed the dismissal by the U.S. District Court for the Central District of California for failure to state a claim of an action brought under the Racketeer Influenced and Corrupt Organizations Act by Almaty, the capital city in Kazakhstan.[1]

International Organizations Work to Prevent and Prosecute Covid-19 Financial Crimes

Saturday, May 2, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
5
Abstract: 

As the frauds and related crimes from Covid-19 occur, international organizations worldwide are providing guidance and assistance to their members to prevent, investigate, and prosecute crimes arising from the pandemic.  This article looks in particular at the efforts of the Egmont Group, IOSCO, and Eurojust.

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