Global Investigations Review - The law and practice of international investigations

Sanctions

Swedbank report criticises former CEOs for money laundering failures

Swedbank report criticises former CEOs for money laundering failures

March 23, 2020, GIR

An internal investigation report into compliance problems at Swedbank between 2007 and 2019 has focused on the bank’s former CEOs, potentially inaccurate market disclosures and new details about the bank’s alleged sanctions violations.

Iranian national convicted for sanctions violations

Iranian national convicted for sanctions violations

March 17, 2020, JUST SANCTIONS

A jury in New York has convicted the former owner of a Maltese bank for his role in a scheme to funnel millions of dollars to Iran through the US financial system.

Miami court throws out Helms-Burton suit against Amazon

Miami court throws out Helms-Burton suit against Amazon

March 12, 2020, JUST SANCTIONS

A US federal judge has dismissed a lawsuit against Amazon over claims the online retailer trafficked in property stolen by the Cuban government.

Chinese engineer imprisoned for economic espionage on US oil company

Chinese engineer imprisoned for economic espionage on US oil company

February 28, 2020, JUST SANCTIONS

A Chinese engineer, who pleaded guilty to stealing trade secrets valued at $1 billion from a US petroleum company, has received a two-year prison sentence.

Iranian national charged with fraud for skirting sanctions

Iranian national charged with fraud for skirting sanctions

February 03, 2020, JUST SANCTIONS

US prosecutors have indicted an Iranian man over his role in a scheme to channel millions of dollars through the US financial system to Iran.

Akin Gump registers to lobby for ZTE

Akin Gump registers to lobby for ZTE

January 22, 2020, JUST SANCTIONS

Chinese phone parts manufacturer ZTE has retained Akin Gump Strauss Hauer & Feld to “educate” the US government about its improved sanctions compliance.

US bolsters incentives for self-reporting of sanctions violations

US bolsters incentives for self-reporting of sanctions violations

December 16, 2019, JUST SANCTIONS

US authorities will offer a presumption of a non-prosecution agreement and other incentives to companies under a new policy encouraging voluntary disclosures of sanctions and export control violations.

Huawei CFO wins access to arrest documents in extradition bid

Huawei CFO wins access to arrest documents in extradition bid

December 11, 2019, JUST SANCTIONS

Huawei’s CFO, Wangzhou Meng, has won the right to examine documents that could show Canadian authorites committed due process violations during her arrest.

DC attorney picked to replace Mandelker as top sanctions official

DC attorney picked to replace Mandelker as top sanctions official

December 11, 2019, JUST SANCTIONS

US President Donald Trump intends to nominate Jessie Liu to be the new undersecretary for terrorism and financial crimes at the US Treasury Department.

Hong Kong appliance maker reveals potential Iran sanctions breaches

Hong Kong appliance maker reveals potential Iran sanctions breaches

December 09, 2019, JUST SANCTIONS

The manufacturer of Shark vacuums has disclosed possible violations of US sanctions on Iran over business it did with the country’s state-owned shipping company.