On September 26, 2022, two wealth management subsidiaries of Crédit Agricole Corp. (CASA) agreed to pay more than $1.1 million to settle enforcement cases with the U.S. Treasury’s Office of Foreign Assets Control (OFAC).  The claims concerned alleged illegal transactions in sanctioned jurisdictions, namely Cuba, Syria, Crimea, and Iran.

On September 29, 2022, the Financial Crimes Enforcement Network (FinCEN) issued a final rule implementing the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting provisions.

On September 28, 2022, the U.S. Senate Committee on Judiciary held a hearing from “Nuremburg to Ukraine: Accountability for War Crimes and Crimes against Humanity.”  It featured a discussion of proposed laws, such as the Human Rights Violators Act (S. 4201), which was introduced earlier this year.  The legislation would establish grounds of inadmissibility for any alien who participated in the persecution of people because of race, religion, nationality, social group, or political opinion as well as any alien who ordered, incited, assisted, or otherwise participated in war crimes as defined in federal law. It would also make any alien already in the country deportable if they fit those definitions. It would formally authorize ICE’s Human Rights Violators and War Crimes Center.[1]

On September 14, 2022, the media reported that a South Korean court has issued an arrest warrant for Do Kwon, the founder of Terraform Labs, and six other individuals for allegedly violating South Korea’s capital market rules.[1]

On September 20, Judge Timothy Godfrey of the Westminster magistrates’ court ruled that a British national and hedge fund trader can be extradited to Denmark, where he is facing charges that he participated in a cum-ex trading scam that defrauded the Danish tax authorities approximately $1.2 billion.[1]            

On September 14, the European Court of Human Rights (ECtHR) ruled that France must re-examine repatriation requests from two French women who travelled to Syria to join the Islamic State.  The Court also condemned France for violating the right to return, a principle which guarantees a right of voluntary return or re-entry to one’s country of origin or citizenship.[1]

On August 19, 2022, the United States Court in Philadelphia awarded $84 million to four victims of the Lutheran Church Massacre on civilians during the Liberian civil wars.  The ruling will impose pressure on the Liberian courts and government to enforce the award or take enforcement action of their own.

On September 15, 2022, the European Data Protection Supervisor (EDPS) sent down a decision ordering Europol to hand over their stored data of Dutch activist Frank Van der Linde to him.  The decision is the culmination of two year long investigation which also revealed that Europol tried to delete Van der Linde’s data to avoid complying with supervision.[1]

On September 15, 2022, the United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) announced resolutions with GOL Linhas Aéreas Inteligentes S.A. (GOL), an airline headquartered in São Paulo, Brazil, whereby GOL will pay more than $41 million to resolve parallel bribery investigations by criminal and civil authorities in the U.S. and Brazil.  Court documents indicate that GOL entered into a three-year deferred prosecution agreement (DPA) with the DOJ in connection with criminal information filed in the District of Maryland charging the company with conspiracy to violate the antibribery and books and records provisions of the Foreign Corrupt Practices Act (FCPA).[1]

On September 12, 2022, a  United Arab Emirates court denied the extradition request by Denmark for Dubai to extradite British national Sanjay Shah, the principal suspect in a Danish cum-ex dividend tax fraud cause.[1]   On September 16, a Dubai court ordered Shah and several other people and companies connected to him to repay Denmark more than 8 billion kroner ($1.1 billion).[2]