Treasury Makes Miscellaneous Technical Bank Secrecy Amendments |
On January 26, 1988, the United States Department of Treasury announced miscellaneous technical amendments to the Bank Secrecy Act regulations. |
Bruce Zagaris |
4 |
1 |
1988-02-01 |
United States |
Bank Secrecy |
South Africa Tax Sanction Opposed by State Department |
The ongoing discussions of whether and how to apply sanctions to South Africa for its policy of Apartheid have just been enriched by tax legislation recently enacted in the Omnibus Budget... |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
South Africa |
Sanctions |
U.S. Continues Sanctions against Libya |
On December 15, 1987, President Ronald Reagan signed a notice, continuing the national emergency with respect to Libya. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Libya |
Sanctions |
Mexico and U.S. Conclude Mutual Legal Assistance Agreement |
On December 15, Attorney General Edwin Meese III announced at the Third Coordination Meeting of Attorneys General of the Border States in Cuiudad Victoria, Mexico that on December 9, 1987, the... |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Mexico |
Mutual Legal Assistance |
Swiss Supreme Court Defines Cooperation in Export Control Cases |
Having already determined that judicial assistance may be granted the United States in export control cases notwithstanding Swiss Ordre Public, the Swiss Supreme court recently found an opportunity... |
Clemens J.M. Kochinke |
4 |
1 |
1988-01-01 |
Switzerland |
Export Enforcement |
France Gives U.S. Authorities Contested Marcos' Paintings |
The French Government hs given to the United States nine of the thirty-one paintings in the possession of Adnan M. Khashoggi, the well known Saudi buisnessman. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
France |
Adjective Enforcement |
Switzerland Refuses Membership of European Charter on Social Rights |
Switzerland will not become a member of the European Charter on Social Rights (ECSR). After a long debate and an emotional public debate, both Chambers of Parliament have refused to ratify the... |
Peter Schibli, Basel (Switzerland) |
4 |
1 |
1988-01-01 |
Switzerland |
Human Rights |
U.S. and Canada Conclude Extradition Protocol |
On January 11, 1988, it was reported that the Canadian and United States Governments signed a protocol to the existing extradition treaty in Ottawa. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Canada |
Extradition |
Interior Department Promulgates Regulations Regarding The Transportation of Wild Animals |
The Interior Department's Fish and Wildlife Service (the Service) has recently promulgated rules to govern the humane and healthful transportation of wild mammals and birds to the United States. |
Daniel Cohen |
4 |
1 |
1988-01-01 |
United States |
Regulation |
U.N. High Commissioner for Refugees Developments Discusses International Protection of Refugees |
The United Nations' Executive Committee of the High Commisssioner's Programme has issued a "Note on International Protection". It summarizes the first six months of 1987. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
World |
United Nations |
Justice Department Files Amicus Brief Urging Restraint in Application of Alien Tort Statute |
The Justice Departent recently filed an amicus brief in a case concerning alleged human rights abuses by former Philippine leader Ferdinand E. Marcos, which substantially alters the Department's... |
Jay A. Rosenthal, Esq. |
4 |
1 |
1988-01-01 |
United States |
Alien Tort Claims Act |
Bank of New England Fined for Violations of Bank Secrecy Act |
According to a Department of Treasury press release, the Bank of New England has paid a civil penalty of $31,000 based on 31 failures to file currency transaction reports required by the Bank Secrecy... |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
United States |
Bank Secrecy |
Switzerland Approves Criminal Insider Trading Sanctions |
Both houses of the Swiss Parliament reached agreement on the language of criminal sanctions for insider trading. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Switzerland |
Sanctions |
A Review of Panama's New Anti-Narcotics Legislation in the Context of Its Status as an Offshore Financial Center |
On December 30, 1986, the Panama legislature enacted amendments to its Criminal and Judicial Codes to combat drug-related crimes. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Panama |
Drugs & Trafficking |
U.S. Supreme Court Will Decide Power of Court to Dismiss Indictments Before Trial Due to Government Misconduct |
On January 11, the United States Supreme Court agreed to hear two cases and determine whether a federal district court has the authority to dismiss an indictment before trial if the district court... |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
United States |
Court Conviction |
German Withholding on Interest Income Operates as Anti-Tax Evasion Mechanism |
Effective January 1, 1988, the Federal Republic of Germany levies withholding taxes on interest income from a broad range of sources. |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Germany |
Tax Enforcement |
Italian Authorities Detain Foreign Attorney Assisting Client |
Following an accident in Southern Italy, a Maltese jeweler, Colin Shires, was hospitalized. |
Clemens J.M. Kochinke |
4 |
1 |
1988-01-01 |
Italy |
Detention |
U.S. Ambassador Presses Dominican Republic on TIEA |
The January edition of Caribbean Update has reported that U.S. ambassador Lowell C. Kidway recently urged the Dominican Republic Government to sign a tax information sharing agreement (TIEA) with the... |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Dominican Republic |
Tax Enforcement |
Liability Imposed For Knowingly Structuring Financial Transactions To Avoid Reporting Requirement |
The Currency Transaction Reporting Act (the Act) authorizes the Secretary of the Treasury to require reports, by financial institutions, of transactions involving U.S. currency. |
Daniel Cohen |
4 |
1 |
1988-01-01 |
United States |
White Collar Crime |
U.S. and American Samoa Conclude Tax Implementation Agreement |
On January 14, the U.S. Department of Treasury announced that the United States and American Samoa have concluded a tax implementation agreement to exchange information and provide mutual assistance... |
Bruce Zagaris |
4 |
1 |
1988-01-01 |
Samoa |
Taxation |