|
Spain Freezes Four Benazir Bhutto Bank Accounts, Launches Money Laundering Investigation |
Following a mutual legal assistance request by Pakistan’s National Accountability Bureau (NAB), Spanish law enforcement authorities froze four bank accounts, two offshore companies in Spain, and a... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
Switzerland, Spain, Pakistan |
Money Laundering, Corruption, Bank Secrecy |
|
U.S. FIU Warns Financial Institutions of Belarusian Money Laundering |
On April 10, 2006, the Financial Crimes Enforcement Network (FinCEN) issued an advisory to U.S. financial institutions on Belarus. The advisory urges institutions to guard against money laundering... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
United States, Europe, Belarus |
Money Laundering, Corruption, Terrorism, European Union, Arms Trafficking |
|
Senate Banking Committee Leaders Warn of Federal Override for Shell Companies |
On April 4, 2006, Senate Banking Committee Chairman Richard C. Shelby (R-Ala.) and ranking Democrat Paul Sarbanes (Md.) expressed strong concern about the use of state-chartered shell companies to... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
United States |
Money Laundering, Bank Secrecy, National Security, Terrorism |
|
Canada’s Scotiabank Stops U.S. Dollar Transaction Services to Cuba |
On April 4, 2006, Canadian financial institution Scotiabank announced via its Jamaican branch that it will no longer provide monetary transaction services in U.S. dollars to Cuba, stirring public... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
Canada, United States, Mexico, Cuba |
Economic Sanctions, Jurisdiction, Sanctions |
|
Argentina Regional Summit on Counterterrorism Financial Enforcement Creates New Working Group |
On March 10, 2006, at the conclusion of a regional summit of counterterrorism financial enforcement, the Central Bank of Argentina announced the creation of a working group to promote hemispheric... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
United States, Mexico, Latin America and South America, Argentina |
Money Laundering, International Organizations, Terrorism, Mutual Legal Assistance, Asset Forfeiture |
|
Cali Cartel Capo Pleads Guilty, Agrees to Testify against Father and Uncle |
On April 11, 2006, U.S. District Court Judge Federico Moreno accepted a plea from William Rodriguez-Abadia, son of the founder of the Cali Cartel, and sentenced him to 262 months in prison for his... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
United States, Colombia |
Extradition, Drugs & Trafficking, Asset Forfeiture, Bribery |
|
Uruguay To Extradite Three Military Officials to Chile |
On March 23, 2006, the Uruguayan Supreme Court authorized the extradition of three military officials to Chile in a historical step. The officials are believed to have been involved in the... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
Chile, Uruguay |
Extradition, Human Rights, Murder |
|
Mexico Punishes U.S. Hotel for Expelling Cuban Officials to Comply with U.S. Embargo |
On March 24, 2006, the Mexican government announced that it would fine Hoteles Sheraton SA 1,216,750 pesos (US $111,186.52) for violating Mexican law when it expelled a group of Cuban officials. The... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
United States, Mexico, Cuba |
Economic Sanctions |
|
Switzerland Revises International Administrative Assistance Guidelines for Securities Enforcement Investigations |
On February 1, 2006, revisions to article 38 of the Federal Act on Stock Exchanges and Securities Trading ("SESTA") entered into force. This statute, which deals with international administrative... |
Benjamin Borsodi |
22 |
6 |
2006-06-01 |
Switzerland |
Money Laundering, Bank Secrecy, Mutual Legal Assistance, Securities Law |
|
High Level Conference on the Future of Europol |
At the January 2006 Justice and Home Affairs Informal Ministerial Meeting the Austrian Presidency proposed a discussion on the further development of Europol. The High Level Conference on the Future... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
Europe |
European Union |
|
EU-U.S. Hold Informal High Level Meeting on Freedom, Security and Justice |
On March 2-3, 2006, the European Union and the United States met in Vienna and considered a number of important subjects on international enforcement cooperation. The EU Presidency explained the... |
Bruce Zagaris |
22 |
6 |
2006-06-01 |
Europe |
European Union |
