Global Investigations Review - The law and practice of international investigations

Just Sanctions

Halkbank slams US sanctions charges

Halkbank slams US sanctions charges

October 16, 2019, JUST SANCTIONS

Turkish bank Halkbank has blasted the DOJ’s “unfair” indictment a day after US authorities accused the bank of taking part in a multi-billion-dollar sanctions violations scheme.

OFSI sees drop in reported sanctions violations

OFSI sees drop in reported sanctions violations

October 10, 2019, JUST SANCTIONS

The value of sanctions breaches self-reported to HM Treasury fell by more than a billion pounds in the last financial year.

Cuban companies test jurisdictional hook of Helms-Burton case

Cuban companies test jurisdictional hook of Helms-Burton case

October 09, 2019, JUST SANCTIONS

Cuba’s state-owned oil company has challenged the legal reach of the US Helms-Burton Act by demanding the dismissal of a civil suit launched by ExxonMobil.

DOJ counterintelligence chief teases self-disclosure tweaks

DOJ counterintelligence chief teases self-disclosure tweaks

October 09, 2019, JUST SANCTIONS

The chief of the US Justice Department’s counterintelligence and export control section has alluded to an updated policy on how companies are expected to report misconduct.

Top sanctions official set to leave US Treasury Department

Top sanctions official set to leave US Treasury Department

October 03, 2019, JUST SANCTIONS

Sigal Mandelker, the undersecretary of treasury for terrorism and financial intelligence, will leave the Treasury Department shortly to rejoin the private sector.

American Airlines and LATAM sued under Helms-Burton Act

American Airlines and LATAM sued under Helms-Burton Act

September 25, 2019, JUST SANCTIONS

The grandson of the former owner of Cuba’s main airport has sued American Airlines and Brazilian-Chilean carrier LATAM for trafficking in property illegally seized by Fidel Castro’s government.

Judge overturns landmark FARA conviction over “speculation and conjecture”

Judge overturns landmark FARA conviction over “speculation and conjecture”

September 25, 2019, JUST SANCTIONS

A US federal court has quashed the conviction of Iranian-American businessman Bijan Rafiekian two months after he was found guilty of not registering as a foreign agent of Turkey.

OFAC: ExxonMobil knew Rosneft deals risked violating US sanctions

OFAC: ExxonMobil knew Rosneft deals risked violating US sanctions

September 24, 2019, JUST SANCTIONS

ExxonMobil knowingly violated US sanctions targeting Russia and sought to hide it by omitting relevant documents from a subpoena submission, OFAC has alleged in a fine dispute with the oil company.

US Treasury Department shrinks sanctions penalty for London bank

US Treasury Department shrinks sanctions penalty for London bank

September 18, 2019, JUST SANCTIONS

The US Treasury Department has suspended over $200 million of a potential fine to the British Arab Commercial Bank for breaching sanctions after consulting with a UK financial regulator.

US judge refuses to dismiss attempt to access BNP Paribas probe documents

US judge refuses to dismiss attempt to access BNP Paribas probe documents

September 16, 2019, JUST SANCTIONS

A US federal court has ordered the Justice Department to explain why it cannot release documents from a sanctions investigation into BNP Paribas to Sudanese refugees who are seeking to hold the French bank accountable for allegedly facilitating a genocide.