The International Enforcement Law Reporter is a monthly print and online journal covering news and trends in international enforcement law.
Since September 1985, the International Enforcement Law Reporter has analyzed the premier developments in both the substantive and procedural aspects of international enforcement law. Read by practitioners, academics, and politicians, the IELR is a valuable guide to the difficult and dynamic field of international law.
On January 8, 2026, the French financial prosecutors announced that British-based bank HSBC had agreed to pay a €267.5 million fine to settle criminal charges concerning an alleged dividend tax fraud, which a Paris court has approved.
The C$176.9 million administrative monetary penalty imposed against the Vancouver-based, overseas-operated, cryptocurrency exchange Xeltox Enterprises Ltd., operating under the name Cryptomus, by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) on October 22, 2025, highlights the regulatory perils that face cryptocurrency exchanges that operate in Canada outside the law.
At its annual meeting on November 24-27, 2025, in Marrakech, Morocco, the INTERPOL General Assembly (GA) adopted changes to INTERPOL’s Rules on the Processing of Data (RPD) and the Statute of the Commission for the Control of INTERPOL’s Files (CCF Statute).
In yet another case, the government conducted an investigation that, as it is described in the Commission’s decision, “had led [the government] to the [individual], and upon her interrogation…she had confessed to and provided details of her alleged crime.”
On January 7, 2026, the United States (U.S.) military boarded and seized an oil tanker sailing under the Russian flag with alleged ties to Venezuela.[2] In 2024, the U.S. government sanctioned the vessel, named the Marinera, due to its alleged connections to the Iranian government and Hezbollah, in addition to Russia and Venezuela.
On January 2, 2025, the United States (U.S.) government sent special armed forces into Venezuela to arrest Venezuelan President Nicolás Maduro and his wife. Shortly thereafter, U.S. President Donald Trump declared that the U.S. would “run the country.”
On December 10, 2025, the second International Conference of the Global Alliance to Counter Migrant Smuggling (“the Conference’) assembled in Brussels, hosted by the European Commission. During this conference, over fifty of the eighty delegations in attendance endorsed a Joint Declaration aimed at countering migrant smuggling through a series of actions emphasizing greater international cooperation, particularly in the digital sphere.
On December 19, 2025, the New York state governor, Kathy Hochul, vetoed a bill that would have obligated domestic (i.e., United States) companies operating in the state of New York to file their beneficial ownership information by January 1, 2027. New York law will remain in sync with the U.S. Corporate Transparency Act (the CTA). The latter obligates only foreign limited liability companies (LLCs) operating in the state to report their beneficial owners.
On December 17, 2025, Europol announced that law enforcement authorities in Europe and South America had disrupted efforts by criminal networks to transport cocaine into Europe.
On December 18, 2025, two Colombian nationals, Hernando Manuel De La Cruz Rivera Orjuela (alias “El Patrón”) and Luis Enrique Linero Pinto (“El Calvo”), made their initial court appearance in El Paso, Texas, after being extradited from Colombia to face federal charges stemming from a large-scale human smuggling conspiracy.
