Back in SPACs

During the last two years, investors and financial institutions have experienced a global pandemic that has seen equity markets crash, interest rates further decrease and corporate dividends slashed. The result of these market conditions has drawn investors back towards the SPAC phenomena as they have sought to identify lucrative opportunities away from traditional asset classes.

Biden’s $1.9 trn stimulus package – greatly inflated..?

Joe Biden’s tenure as 46th President of the United States has been characterised by a level of spin and media protection not seen in Western circles since the pre-Iraq war days of former UK Prime Minister Tony Blair’s acolyte Alastair Campbell. No sooner had the highly-contested $1.9 trillion mega COVID-19 stimulus package surprisingly sneaked past […]

UK mistakenly continues to apply EU Blocking Statute post Brexit

The UK Government has decided to continue to apply the EU Blocking Statute which attempts to prevent the applicability of US Sanctions after Brexit – or, specifically, from 1 January 2021 onwards1. This puts UK firms, entities and individuals in the firing line for the massive potential impact of US Sanctions – which is a […]

FINCEN Files: $2TRN suspicious transactions

$2 trillion suspicious transactions involving possible money laundering or criminal activity allegedly exposed involving the world’s major banks from 1999 to 2017 who filed over 2,100 suspicious activity reports (SARs) with FINCEN (US Department of Treasury’s Financial Crimes Enforcement Network and US domestic money laundering gatekeeper).

Ali Sadr exonerated, but Pilatus Bank closed down

The US Sanctions case United States v. Sadr against Ali Sadr Hasheminejad was thrown out by the Southern District of New York (SDNY) in extraordinary fashion after a guilty verdict had been obtained. Egregious Brady violations revealed post-trial led to a vacated verdict and dismissal with prejudice in the US sanctions case. The US Attorney […]