US obtains warrant for oligarch’s $90 million Airbus
A US federal judge has signed off on a request to seize a $90 million aeroplane owned by sanctioned Russian oligarch Andrei Skoch.
A US federal judge has signed off on a request to seize a $90 million aeroplane owned by sanctioned Russian oligarch Andrei Skoch.
Far East Cable was charged with violating US export regulations by helping ZTE continue selling telecommunications equipment to Iran.
Fleming left Miller & Chevalier after five years and started at Steptoe on 1 August to work with the firm’s national security, trade controls and CFIUS practice.
The Bureau of Industry and Security said the airline bought the plane from an Iranian airline affiliated with a “designated terrorist organization.” The DOJ issued a seizure warrant for the aircraft, which …
The case filed by aluminium tycoon Oleg Deripaska is unlikely to be taken up by the Supreme Court.
The agency issued a finding of violation against a bank for not knowing that two of its customers were on the sanctions list.
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GIR has obtained the guiding principles that the UK’s tax and customs agency uses to resolve criminal investigations into companies accused of violating export restrictions.
Experts are concerned by the anonymous HMRC settlement. “The fact it’s such a high figure indicates two things: One, it’s pretty damn serious. Two, if it had gone to a criminal trial the fine could have been a lot more,” said one former prosecutor.
Lawyers are fielding more requests than ever from clients wanting to prove they should be removed from sanctions risk databases. “It’s almost as bad as actually having been sanctioned,” one attorney said.
Companies complying with US sanctions focused on China’s Xinjiang region have faced a local media backlash. Lawyers say the retaliation puts multinationals at a crossroads.
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