Day: January 28, 2020

On 27 January, Control Risk published an article saying that Germany’s proposed Association Sanctions Act may force companies to investigate themselves.  The Federal Ministry of Justice published a first draft of the “Association Sanctions Act” in August 2019.  The article says that, if implemented in its current form, associations headquartered in Germany – including corporations and enterprises – will, for the first time, be subject to criminal prosecution as legal persons – finally bringing German law into line with US and British counterparts in accepting that it is not just individuals, but also the culture and larger structural failings of a company that can produce malfeasance.

https://www.controlrisks.com/our-thinking/insights/upping-the-ante-on-fighting-fraud

On 28 January, EU Regulation 2020/119/EU added 7 names to the sanctions list in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.  See also Council Decision 2020/120/CFSP.

https://eur-lex.europa.eu/legal-content/EN/AUTO/?uri=uriserv:OJ.LI.2020.022.01.0001.01.ENG&toc=OJ:L:2020:022I:TOC

https://eur-lex.europa.eu/legal-content/EN/AUTO/?uri=uriserv:OJ.LI.2020.022.01.0005.01.ENG&toc=OJ:L:2020:022I:TOC

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/861514/Notice_Ukraine__Sovereignty__2020_119_.pdf

EU RENEWS ITS TUNISIA SANCTIONS WITH AMENDED TARGET LIST

On 28 January, the EU published EU Regulation 2020/115/EU including an amended list of those designated, supplemented with information regarding the rights of defence and the right to effective judicial protection.  See also Council Decision 2020/117/CFSP

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2020.022.01.0001.01.ENG&toc=OJ:L:2020:022:TOC

https://eur-lex.europa.eu/legal-content/EN/AUTO/?uri=uriserv:OJ.L_.2020.022.01.0031.01.ENG&toc=OJ:L:2020:022:TOC

 

EU AMENDS 5 ENTRIES ON MALI SANCTIONS LIST
on 28 January, EU Regulation 2020/116/EU amended 5 entries on the Mali sanctions list, following similar amendments made by the UN.  See also Council Decision 2020/118/CFSP.

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2020.022.01.0025.01.ENG&toc=OJ:L:2020:022:TOC

https://eur-lex.europa.eu/legal-content/EN/AUTO/?uri=uriserv:OJ.L_.2020.022.01.0055.01.ENG&toc=OJ:L:2020:022:TOC

On 22 January, the FATF-style regional body GAFILAT published the mutual evaluation report on Uruguay that was approved at the GAFILAT Plenary in December.  The on-site element of the evaluation took place in May 2019.

http://www.gafilat.org/index.php/es/biblioteca-virtual/miembros/uruguay-1/evaluaciones-mutuas-16/3726-mer-uruguay-jan-2020/file

On 27 January, Pokerfuse reported that Scheinberg, founder of global online poker giant PokerStars, had surrendered to federal authorities in New York.  He has been released on $1 million bail, after surrendering his passport.  He has been at large since a US indictment 9 years ago named him and others for alleged violations of US anti-gambling laws involving his online poker business.  However, in 2012, PokerStars (now no longer owned by Scheinberg) reached an agreement with the US DoJ.  Paul Tate, the other member of PokerStars charged under the Black Friday indictment, pleaded guilty in 2016 but served no jail time.  Scheinberg travelled voluntarily to the US from Switzerland, in the face of proposed extradition.  He is the last of 11 men to be apprehended following the unveiling of the 2011 indictment which targeted the 3 largest online poker sites of the time — PokerStars, Full Tilt Poker and Absolute Poker – the other individuals all faced their charges eventually.

https://pokerfuse.com/news/law-and-regulation/211165-pokerstars-founder-isai-scheinberg-surrenders-authorities/#