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.
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 […]
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 […]
$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).
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 […]
FATF produced a highly critical Mutual Evaluation Report of the United Arab Emirates, noting that urgent action is need to combat money laundering terrorist financing proliferation financing in the UAE – which continues to attract financial flows with links to crime and terrorism.
Delighted to be on the highly recommended reading list by InternationalLawMatters.com to read during the Corona Pandemic
The realities of dealing with Unexplained Wealth Orders (UWOs) in practice were laid to bare as the UK’s National Crime Agency (NCA) failed in its High Court UWO case against the family of former Kazakhstan President Aliyev.
The first use of the EU’s INSTEX to provide humanitarian medical aid to Iran involving Germany, France, UK. At first sight, this would seem to be an entirely laudable and well-meaning measure – and indeed it is – as Iran is in desperate straits in the aftermath of the Coronavirus outbreak.
Coronavirus rampages across markets which look to have been ill-prepared for the doomsday scenario that has been evident for so long.