The International Enforcement Law Reporter

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.

U.S. Demands Release of Young Americans Forbidden from Leaving China until Fugitive Father Returns

Saturday, December 8, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 

On November 27, 2018, as Donald Trump prepared to leave for the G-20 heads of government meeting in Buenos Aires, U.S. National Security Adviser John Bolton  urged the Chinese to release two young Americans who have said the Chinese government has prevented them from leaving China until their fugitive father returns to the country.  Victor and Cynthia Liu, ages 19 and 27, and their mother, Sandra Han, traveled to China in June.

Danish State Prosecutor Files Preliminary Criminal Charges Against Danske Bank

Saturday, December 8, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 

On November 28, 2018, Morten Niels Jakobsen, the Danish general prosecutor, announced the filing of preliminary criminal charges against Danske Bank for alleged violations of Denmark’s anti-money laundering law concerning its Estonian branch. 

I.R.S. Issues Revised Voluntary Disclosure Rules

Saturday, December 8, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 

On November 20, 2018, the Internal Revenue Service issued a memorandum, setting forth guidance for processing all voluntary disclosures (domestic and offshore) (hereafter Voluntary Disclosure Practice (VCP) procedures following the closing of the Offshore Voluntary Disclosure Program (2014 OVDP) on September 28, 2018.

German Police Conduct Search Warrant of Deutsche Bank

Saturday, December 8, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 

On November 29 and 30, 2018, 170 German police officers conducted a search of five Deutsche Bank office buildings and the private home of an employee for suspected violations of tax transparency and money laundering arising from allegations that Deutsche Bank helped taxpayers establish offshore entities to evade tax in Germany.

Khmer Rouge Tribunal Convicts Two of Genocide and Winds up its Operations

Saturday, December 1, 2018
Author: 
Michael Plachta
Volume: 
34
Issue: 
12
Abstract: 

On November 16, 2018, the Extraordinary Chambers in the Courts of Cambodia (ECCC), also known as the Khmer Rouge Tribunal (KRT), handed down a guilty verdict against the two surviving senior leaders of the Democratic Kampuchea (DK) regime, Nuon Chea and Khieu Samphan, which ruled Cambodia from April 17, 1975 to January 7, 1979.

U.S. Indicts Venezuelan Owner of News Network, Former Venezuelan National Treasurer and Former Owner of Bank for Money Laundering Conspiracy

Saturday, December 1, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 

On November 20, 2018, U.S. law enforcement announced the unsealing of an indictment on November 19 against Raul Gorrin Belisario (Gorrin), 50, a Venezuelan billionaire and owner of the Globovision news network, for his role in a billion-dollar currency exchange and money laundering scheme.  Gabriel Arturo Jimenez Aray (Jimenez), 50, a former Venezuelan national treasurer, and Alejandro Andrade Cedeno (Andrade), 54, a former owner of Banco Peravia bank in the Dominican Republic, both pleaded guilty in proceedings unsealed on November 20 for their roles in the scheme.[1]

BIS Publishes Notice Asking for Information on Emerging Technologies

Saturday, December 1, 2018
Author: 
Benjamin H. Flowe, Jr., John A. Ordway, Daniel Fisher-Owens, Babak Hoghooghi, Perry S. Bechky, Ray Gold, Jason A. McClurg and Michelle Turner Roberts*
Volume: 
34
Issue: 
12
Abstract: 

Yesterday, the Commerce Department’s Bureau of Industry and Security (“BIS”) published in the Federal Register an advance notice of public rulemaking concerning the U.S. Government's review of controls for so-called emerging technologies.

U.S. Treasury Expands GTO to 12 Metropolitan Areas and Lowers Reporting Threshold to $300,000

Saturday, December 1, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 
On November 15, 2018, the U.S. Department of Treasury Financial Crimes Enforcement Network (FinCEN) announced the issuance of revised Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered metropolitan area.  FinCEN is also requiring that covered purchases using virtual currencies be reported.

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