Global Investigations Review - The law and practice of international investigations

GIR 100 2019

image

Ministerial penalty reductions in UK sanctions cases raises eyebrows

Ministerial penalty reductions in UK sanctions cases raises eyebrows

A UK minister’s decision to shrink Standard Chartered’s penalty for illegally extending loans to a Russian-owned bank has raised questions about government oversight of sanctions enforcement.

DOJ official: Private-sector tip-offs fueling economic espionage cases

DOJ official: Private-sector tip-offs fueling economic espionage cases

Jay Bratt, the chief of the counterintelligence and export control section of the Justice Department’s national security division, spoke to GIR about China-led economic espionage, covid-19 and the progress of the department’s new voluntary disclosure programme.

Halkbank pleads not guilty to Iranian sanctions busting scheme

Halkbank pleads not guilty to Iranian sanctions busting scheme

The bank’s new lawyers said they want “to turn over a new leaf” in the highly-politicised case.

UK sanctions enforcer announces first major fine

UK sanctions enforcer announces first major fine

The UK’s main sanctions enforcer, OFSI, has fined UK bank Standard Chartered £20.47 million for executing loans to a Russian-owned financial institution in breach of EU trade restrictions.

US court to consider beefed up Cuban trafficking lawsuit against Amazon

A US citizen suing Amazon for taking advantage of land confiscated by the Cuban government has submitted extra evidence in a push to revive his lawsuit against the online retailer.

BIS undersecretary orders rethink of potentially “disproportionate” export control penalty

The head of the US Commerce Department’s export control division has told an administrative court to re-examine a $31 million fine it handed to an Estonian shipping company over dealings in Iran.

The looming threat of Dutch sanctions enforcement

Companies operating in the Netherlands face an increased risk of penalties for sanctions and export control violations as authorities in the country develop an appetite for enforcement.

Appeals court upholds conviction of former Global Metallurgy CEO

An appeals court in New York has upheld the conviction of the former CEO of Global Metallurgy for knowingly exporting cobalt alloy powder to Iran in breach of US sanctions.

The Netherlands publishes anti-torture-focused export control guidance

The Dutch government has said it expects companies to implement procedures to prevent their products from being used to violate human rights abroad.

DOJ counterintelligence chief teases self-disclosure tweaks

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.

Editor's picks

US Treasury Department’s “devastating” legal brain drain continues

US Treasury Department’s “devastating” legal brain drain continues

The small office of lawyers within the US Treasury Department that scrutinises all sanctions activity has lost its second-in-command, as the drain of institutional knowledge persists under President Trump.

Trade secret theft: approach US prosecutors with caution

Trade secret theft: approach US prosecutors with caution

For corporate victims of trade secret theft, the decision of whether to inform the US government is simultaneously the most important and most complicated.

The DC sanctions lawyers to have on speed dial

just_sanctions_RHS1

The specialists to call for sanctions investigations and enforcement.

Sign up for Just Sanctions news alerts

just_sanctions_RHS2

A new newsletter covering sanctions investigations and enforcement.

Coming soon: The GIR Guide to Sanctions

just_sanctions_RHS3

The first ‘how-to’ guide providing insight and analysis on sanctions investigations.

The Enforcement Scorecard

just_sanctions_RHS4

A comprehensive guide to the world’s 100 largest corporate penalties.