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Dutch Supreme Court clarifies threshold for criminal sanctions breaches

“It’s a wake-up call to companies to get their act together,” said one lawyer, after the Netherlands’ highest court ruled that an entity doesn’t need to know it’s breaking the law to commit a criminal sanctions breach.

07 February 2023

Halkbank arguments leave Supreme Court grappling with diplomatic implications

Justices weighed whether opening the Turkish bank up to sanctions evasions charges could yield a flood of litigation against foreign countries from ambitious federal, state and local prosecutors.

19 January 2023

Turkish government calls out “demeaning” Halkbank prosecution

The Turkish government said the DOJ’s prosecution of Halkbank has strained political ties between the two countries, describing the US criminal case as “a demeaning move against Türkiye’s dignity”.

25 November 2022

BaFin places Turkish bank under close supervision

20 April 2022

Entain reports bribery investigation settlement provision

03 March 2022

Second Circuit denies Halkbank’s challenge to US sanctions case

A US federal appeals court has said the Turkish state financial institution is not immune from prosecution for sanctions violations.

25 October 2021

Major Turkish consumer goods company faces US sanctions probe

The Treasury Department is investigating Turkish consumer goods multinational Arçelik, which owns several prominent household appliance manufacturers, over its historic dealings in Iran.

28 July 2021

Halkbank attempts to throw out sanctions case at Second Circuit

13 April 2021

US court reinstates FARA guilty verdict against Flynn associate

18 March 2021

Second Circuit pauses Halkbank proceedings

17 February 2021