Global Investigations Review - The law and practice of international investigations

Just Sanctions

Iron Mountain reports potential sanctions breaches

Iron Mountain reports potential sanctions breaches

May 11, 2020, JUST SANCTIONS

Information management company Iron Mountain is investigating whether one of its subsidiaries violated US sanctions by providing services to an Iranian state-owned entity.

Clock is ticking for US authorities in FLIR Systems arms export case

Clock is ticking for US authorities in FLIR Systems arms export case

May 07, 2020, JUST SANCTIONS

US authorities have less than a month to decide whether to pursue enforcement actions against US thermal imaging company FLIR Systems in investigations linked to arms export violations.

OFAC settles with animal nutrition company over Cuba breaches

OFAC settles with animal nutrition company over Cuba breaches

May 06, 2020, JUST SANCTIONS

OFAC offered Biomin a penalty reduction based in part on its hiring of lawyers and export control experts to train senior management.

PayPal hires Dechert counsel for sanctions director role

PayPal hires Dechert counsel for sanctions director role

May 05, 2020, JUST SANCTIONS

US financial services provider PayPal has recruited former OFAC policy advisor Sean Kane as a director of sanctions and anti-money laundering.

Taiwan’s UMC warns of financial toll of “Micron” trade-secret theft allegations

Taiwan’s UMC warns of financial toll of “Micron” trade-secret theft allegations

May 01, 2020, JUST SANCTIONS

Taiwanese chip maker United Microelectronics Company says that US prosecutors’ economic espionage case will cause a significant hit to its bottom line and reputation in the country.

Canada’s second-largest mining company faces Cuban trafficking lawsuit

Canada’s second-largest mining company faces Cuban trafficking lawsuit

May 01, 2020, JUST SANCTIONS

The former owner of a Cuban mining company has sued Canada’s Teck Resources for extracting “valuable minerals” from a mine nationalised by Fidel Castro’s government.

American Express singled out for WMD sanctions violations

American Express singled out for WMD sanctions violations

April 30, 2020, JUST SANCTIONS

OFAC said the breaches were the result of a mixture of human error and shortcomings in the company’s sanctions screening software.

Visa and Mastercard facing Helms-Burton lawsuit

Visa and Mastercard facing Helms-Burton lawsuit

April 27, 2020, JUST SANCTIONS

A Cuban-American citizen is taking the companies to court for allegedly allowing tourists to reserve accommodation at four resorts built on property that he claims the Cuban government stole from his family in 1959.

DOJ watching for economic espionage linked to coronavirus vaccine research

DOJ watching for economic espionage linked to coronavirus vaccine research

April 24, 2020, JUST SANCTIONS

The Justice Department is closely monitoring cyber intrusions at US institutions that are researching a cure for the coronavirus, according to a senior prosecutor.

South Korean bank settles $1 billion Iranian money laundering probe

South Korean bank settles $1 billion Iranian money laundering probe

April 21, 2020, JUST SANCTIONS

US authorities said the bank ignored calls from its sole compliance officer to implement anti-money laundering controls.