One could not make it up. The EU with Angela Merkel at its head is seriously trying to challenge US Extra-Territorial Sanctions over the pipeline Nordstream 2. This is a deliberate attempt by the EU and Russia to try to exploit a “wounded”, post-Impeachment President Trump. The problem: this is not about Trump – it […]
‘CROSS-BORDER SANCTIONS & AML’ quoted in fDi Magazine 12/12/19 US president Donald Trump has ramped up the White House’s level of economic aggressiveness, hitting both US and non-US companies alike. Jacopo Dettoni fDi Magazine 12/12/19
The European Union’s latest salvo in defiance of US Extra-Territoriality, after numerous failed EU Blocking Statutes since 1996, is the Instex barter mechanism.
Some interesting takeaways from the recent Apple fine of $466,912 by US Treasury’s OFAC for “Apparent Violations” of US Sanctions.
The full impact of the Baltic money laundering scandal is currently playing out as numerous regulatory and prosecuting authorities and investigators look into the parties involved. At the core of the overriding international investment community’s concern is that European banks overlooked their exposure to US-designated rogue actors and allegedly facilitated transactions for them in apparent […]
Latest News Briefing now available. Covering Turkey, Money Laundering, Sanctions, Election, Eurozone, Scandals, Star Prices and much more…
Just consider – Danske Bank, BNP Paribas, Huawei… They simply failed to grasp the power and reach of US enforcement.
Not All Advice Created Equal – at times foolhardy to the point of recklessness… Response to Bloomberg Opinion: “Europe’s Trade with Iran is worth saving”. Some still pretend that doing business with Iran constitutes a viable commercial and industrial strategy, yet the evidence suggests that this is foolhardy to the point of recklessness.
Money laundering involves the deliberate cleaning up of the proceeds of crime. Increasingly this area has seen major developments in recent years in the terrorist financing and cyber space.
Sustainable Tax Havens… There is currently a somewhat insidious “tax transparency” take dressed up as “missing tax revenues” by outwardly multi-lateral bodies such as the OECD calling for mass publication of beneficial ownership of companies, particularly those based offshore.