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SEC Imposes $2 Million Penalty on Smith & Wesson for FCPA Violations |
On July 28, 2014, the Securities and Exchange Commission charged Smith & Wesson Holding Corporation with violating the Foreign Corrupt Practices Act (FCPA) as a result of employees and... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
Indonesia, Pakistan, Turkey, United States |
Bribery, Corruption, Foreign Corrupt Practices Act, Securities Exchange Commission |
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U.S. Appellate Court Upholds Dismissal of Anti-Retaliation Provisions of Dodd-Frank Whistleblowing Provisions for Lack of Jurisdiction |
On August 14, 2014, a U.S. Court of Appeals for the Second Circuit upheld the dismissal of a complaint by a whistleblower Liu Meng-Lin against defendant Siemens AG, his former employer, alleging that... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
China, Taiwan, United States |
Administration of Justice, Disclosure, Foreign Corrupt Practices Act, International Crimes, Jurisdiction, Legislation, Regulation, Securities Exchange Commission, Standing, Whistle-blowing |
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Karigar: Landmark Bribery Case in Canada |
Indian-born Nazir Karigar was a former security systems executive for CryptoMetrics Canada, a subsidiary of the U.S. company CryptoMetrics Corporation. In 2005, Karigar became aware of Air India’s... |
Peter Bowal and Caitlin The |
30 |
12 |
2014-12-01 |
Canada, India, United States |
Bribery, Cross-Border Communication, Financial Crimes, Penalties, Political Leaders, Sentencing, Transparency, Whistle-blowing, White Collar Crime |
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European Union Reveals Future Perspectives for the Standing Committee on Internal Security (COSI) |
In July 2014, the European Union Presidency released its note on the future of the Standing Committee on Internal Security (COSI). |
Michael Plachta |
30 |
12 |
2014-12-01 |
European Union |
Criminal Procedure/Proceedings, Cross-Border Communication, EU Justice and Home Affairs Council, European Commission, European Union, Evidence Sharing, Information Exchange, International Cooperation, National Security |
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New York Regulator Suspends Dollar Clearing for StanChart’s High-risk Clients |
On August 19, 2014, Benjamin M. Lawsky, Superintendent of Financial Services, announced an order concerning Standard Chartered Bank's ("SCB") failures to remediate anti-money laundering... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
Hong Kong, United Arab Emirates, United States |
Adjective Enforcement, Bank Secrecy, Banking Supervision, Compliance, Financial Crimes, Financial Enforcement, Financial Supervision, Money Laundering |
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UK-UAE Agreement Enables UK to Obtain First Recovery of Criminal Assets from UAE |
On August 21, 2014, the Crown Prosecution Service (CPS) announced that the new CPS Proceeds of Crime Service (CPSPOC) in London has obtained what is believed to be the first ever successful... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
United Arab Emirates, United Kingdom |
Asset Forfeiture, Asset Seizure, Cross-Border Communication, Freezing of Assets, International Cooperation, International Courts |
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New York Regulator Sanctions PwC for Misconduct in Consulting Role |
On August 19, 2014, Benjamin M. Lawsky, Superintendent of Financial Services at the New York State Department of Financial Services (NYDFS), announced that PricewaterhouseCoopers (“PwC”) Regulatory... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
Japan, United States |
Bank Secrecy, Banking Supervision, Compliance, Data Sharing, Financial Crimes, Financial Enforcement, Financial Supervision, Fraud |
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U.K. Opens Consultations on New Criminal Offense for Offshore Tax Evasion and Strengthens Civil Deterrents for Offshore Tax Evasion |
On August 19, 2014, the Her Majesty’s Revenue and Customs (HMRC) announced the start of two consultations on offshore tax evasion: one is to adopt legislation on a new criminal offense and the second... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
United Kingdom |
Compliance, Disclosure, Economic Crimes, Financial Enforcement, Information Exchange, Legislation, Offshore Banking, Offshore trusts, Penalties, Tax Crimes, Tax Enforcement, Tax Havens, Taxation, Transparency |
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New Indian Government Presses Swiss for Cooperation into Offshore Tax Evasion Investigation |
The Swiss government has denied preparing a list of tax evaders for the Indian government notwithstanding the establishment by India of a Special Investigations Team (SIT) and its public statements... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
India, Switzerland |
Offshore Banking, Tax Enforcement, Tax Havens |
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U.S. Appellate Court Upholds Forfeiture of Undeclared Currency |
On August 21, 2014, the U.S. Court of Appeals for the 9th Circuit upheld a civil forfeiture of $132,245 by a U.S. district court for failure to report currency when crossing the U.S. border in... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
Canada, United States |
Arrest, Asset Forfeiture, Border Security, Court Conviction, Fair Use, Federal Code |
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Estonia Accuses Russia of Abducting A Counter-Intelligence Agent |
On September 5, 2014, the Estonian government called the Russian ambassador after Estonian officials accused Russia of seizing Eston Kohver, one of its counter-intelligence agents, at gunpoint by a... |
Bruce Zagaris |
30 |
12 |
2014-12-01 |
Estonia, Russia |
Arrest, Criminal Procedure/Proceedings, Cross-Border Communication, Detention, Espionage, Intelligence, Kidnaping, Seizure, Sovereignty, Undercover Operations |
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Council of Europe Adopts Resolution and Recommendation on the Abusive Use of the Convention on the Transfer of Sentenced Persons (ETS No. 112) |
On November 18, 2014, the Standing Committee, acting on behalf of the Parliamentary Assembly of the Council of Europe (PACE), adopted resolution and recommendation on measures to prevent abusive use... |
Michael Plachta |
30 |
14 |
2014-11-20 |
Armenia, Azerbaijan, Hungary |
Administration of Justice, Compliance, Criminal Procedure/Proceedings, Cross-Border Communication, Immunity, International Convention, International Cooperation, International Law, Parliamentary Assembly of the Council of Europe (PACE) |
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U.S. Indicts Former Swiss Banker for Conspiracy to Defraud the IRS |
On November 13, 2014, U.S. Attorney Preet Bharara for the Southern District of New York announced the indictment of Martin Dunki – a former advisor and Senior Vice President at Rahn &... |
Bruce Zagaris |
30 |
14 |
2014-11-20 |
Liechtenstein, Panama, Switzerland, United States |
Administration of Justice, Asset Forfeiture, Asset Seizure, Conspiracy, Financial Crimes, Indictment, International Crimes, Investigation, Offshore Banking, Offshore trusts, Tax Crimes, Tax Enforcement, Tax Havens |
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House of Lords Paves Way for the UK to Remain in the European Arrest Warrant Scheme |
On November 10, 2014, the Select Committee on Extradition Law published its first Report of Session 2014-2015: “The European Arrest Warrant Opt-in”. The Committee was appointed by the U.K. House of... |
Michael Plachta |
30 |
14 |
2014-11-20 |
European Union, United Kingdom |
Administration of Justice, Arrest, Compliance, European Commission, European Union, Export Enforcement, Information Exchange, International Cooperation, International Crimes, Warrants |
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G20 Leaders Adopt Resolution on Converging International Crime Issues |
On November 15-16, 2014, G20 leaders met in Brisbane and issued a communique calling for progress on a range of transnational crime issues including money laundering, tax enforcement, and... |
Bruce Zagaris |
30 |
14 |
2014-11-20 |
G-10 member countries |
Conferences, Corruption, Information Exchange, International Convention, International Cooperation, International Crimes, International Law, International Organizations, Money Laundering, Tax Enforcement, Transparency |
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Corruption Scandal Rocks the EU Mission EULEX in Kosovo |
The European Union’s €1bn flagship foreign mission to combat organized crime and corruption in Kosovo, known as EULEX, repeatedly shunned or dropped investigations of cases implicating senior Kosovan... |
Michael Plachta |
30 |
14 |
2014-11-14 |
European Union, Kosovo |
Administration of Justice, Bribery, Conspiracy, Corruption, Data Sharing, Disclosure, European Union, International Cooperation, International Law, International Organizations, Investigation, Organized Crime |
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APEC Network of Anti-Corruption Authorities and Law Enforcement Agencies (ACT-NET) Reinforced at the Beijing Summit |
At the Asia-Pacific Economic Cooperation (APEC) summit on November 8, 2014, Asia Pacific countries agreed to cooperate on the extradition of corrupt officials, enhance asset recovery efforts and... |
Michael Plachta |
30 |
14 |
2014-11-14 |
Asia, China |
Conferences, Corruption, Information Exchange, International Convention, International Cooperation, International Crimes |
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Council of Europe Takes up In Absentia Judgments in the Context of Extradition |
At its 66th meeting held in Strasbourg, on May 19-21, 2014, the Council of Europe’s (CoE) Committee of Experts on the Operation of European Conventions in the Penal Field (PC-OC) discussed the... |
Michael Plachta |
30 |
14 |
2014-11-14 |
European Union, Europe |
Administration of Justice, Conferences, Council of the European Union, Extradition, International Convention, International Cooperation, International Courts, International Crimes |
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EUROPOL Releases Its Report on Internet Organized Crime |
On September 30, 2014, EUROPOL released its first “Internet Organized Crime Threat Assessment (iOCTA)”, the first of its kind prepared by the European Cybercrime Centre (EC3) at Europol.
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Michael Plachta |
30 |
14 |
2014-11-14 |
European Union, Europe |
Adjective Assistance, Research, Teaching, Conferences, Cybercrime, EU Justice and Home Affairs Council, Europol, Evidence Gathering, International Convention, International Cooperation, International Crimes |
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UN Secretary-General Reports on Piracy off the Coast of Somalia |
On October 16, 2014, the United Nations Secretary-General (UNS-G) submitted to the Security Council (the Council) his report on the situation with respect to piracy and armed robbery at sea off the... |
Michael Plachta |
30 |
14 |
2014-11-14 |
Somalia |
Evidence Gathering, Evidence Sharing, International Cooperation, International Crimes, International Organizations, Investigation, Organized Crime, Piracy, Prisoner Rights, United Nations |