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.
On September 21, 2017, President Donald Trump issued Executive Order 13722, imposing additional sanctions with respect to North Korea.
On September 21, 2017, Telia Company AB, an international telecommunications company based in Stockholm and formerly an issuer of publicly traded securities in the United States, and its Uzbek subsidiary, Coscom LLC, entered into a global foreign bribery settlement. The settlement provides that it pay a combined total penalty of more than $965 million to settle criminal charges arising out of a scheme to pay bribes in Uzbekistan.
On September 20, 2017, Judge Michael Morris Baylson of the U.S. District Court for the Eastern District of Pennsylvania ruled that taxpayer Arthur Bedrosian was not willful in his failure to comply with his Foreign Bank Account Report obligations.
On September 13, 2017, the Superintendency of Banks of Panama announced that it has taken enforcement efforts and imposed fines on three Panamanian banks, including the state-owned national Bank, Multibank, and Banvivienda “for failure to comply with the standards for the prevention of money laundering capital and for violations of the banking regime.”
On September 18, 2017, Panamanian and Mexican officials announced that Panama has found Roberto Borge, who from 2010 to 2016, was governor of the state of Quintana Roo, extraditable on corruption charges.
On September 8, 2017, Europol and Austria submitted a note to the Standing Committee on Operational Cooperation on Internal Security (COSI) addressing the role of criminal hawala in financing a variety of illegal activities, including illegal immigration, money laundering, and terrorism. The document also offers several recommendations to combat criminal use of informal value transfer services.
On September 18, 2017, Joe McNamee, Executive Director of advocacy group European Digital Rights (EDRi), acting on behalf of a global coalition of civil society organizations, submitted to Alexander Seger, the Executive Secretary of the Cybercrime Convention Committee (T-CY) of the Council of Europe, an opinion on the proposed protocol to the Budapest Convention on Cybercrime. The comments focus on the protection of human rights in the process of drafting new rules on cross-border access to electronic evidence (“e-evidence”).
On September 30, 2017, the Criminal Finances Act 2017 will enter into force in the UK. The act amends the Proceeds of Crime Act 2002 (POCA) to empower the UK High Court, on the application of a UK enforcement agency, to make “Unexplained Wealth Orders” (UWOs). UWOs require respondents to provide a statement setting out the nature and extent of their interest in the property concerned, and explain how they obtained the property, including, in particular, how any costs incurred in obtaining it were met.
On September 6, 2017, a billionaire property developer who has accused high-level Chinese officials of corruptions and is subject to an Interpol Red Notice has applied for asylum in the United States.
On September 6, 2017, a superseding indictment was issued against a former Turkish Minister of the Economy, a former general manager of a Turkish government-owned bank, and two other individuals for conspiring to evade U.S. sanctions against Iran and related offenses.
