OTHER THINGS YOU MAY HAVE MISSED – NOVEMBER 2

Panama Covid-19 update – start of holiday week for independence day(s), while the weather proves that there is more than Covid to worry about – we just had rain here, but further north they had a deluge, with more than 100 families affected by floods triggered by the side effect of a hurricane in the Caribbean affecting Nicaragua and Honduras (hurricanes don’t come this far south, fortunately).

Meanwhile, another 579 new cases, as 4,613 tests carried out; 14 additional fatalities and 19,630 active cases – 115 in ICU and 529 in other wards.

2 NOVEMBER 2020

SFO REACHES DEFERRED PROSECUTION AGREEMENT WITH AIRLINE SERVICES

On 30 October, the Wall Street Journal reported that the UK SFO had reached a deferred prosecution agreement with commercial aircraft interior refurbisher Airline Services Ltd of Manchester, and now no longer in the airline business, which will also pay £3 million.  This resolves allegations the company failed to prevent bribery.  The company admitted to 3 counts of failure to prevent bribery arising from its alleged use of an agent to win contracts to re-equip airliners for Lufthansa.

https://www.wsj.com/articles/u-k-s-sfo-reaches-deferred-prosecution-agreement-with-airline-services-ltd-11604093536

AFRICA AND THE WORLD CONTINUE TO ALLOW ILLEGAL CAPITAL FLIGHT

On 6 October, ENACT Africa carried an article says that it has been 5 years since former South African president Thabo Mbeki and a high-level panel published their landmark report on illicit financial flows (IFF) from Africa, mostly also tax dodges by multinational enterprises and said to be costing Africa at least $50 billion yearly in lost revenue.  However, this month the UN Conference on Trade and Development (UNCTAD) published a report that suggests that if anything, the problem has worsened – which estimates that from 2013 to 2015, annual capital flight from Africa averages about $88.6 billion (noting that combined official development assistance and foreign direct investment inflow amounts to only $102 billion). 

https://enactafrica.org/enact-observer/africa-and-the-world-continue-to-allow-illegal-capital-flight

CHINA’S MIXED MESSAGES SPELL DANGER FOR WILDLIFE

On 15 October, ENACT Africa reported that a failure to address wildlife products in traditional Chinese medicine presents opportunities for the illegal wildlife trade to flourish.  It says that China had decided to ban the consumption of wildlife and shut down meat markets and upgraded pangolins’ protection status to Class 1 – the highest level of protection, which pandas also fall under.  The government also announced the removal of pangolin scales from the country’s official list of ingredients approved for use in traditional Chinese medicine (TCM). Despite the ban on wildlife species for consumption, many species can still be used for other purposes, such as traditional medicine, ornaments and pets; including bear bile for treating coronavirus.

https://enactafrica.org/enact-observer/chinas-mixed-messages-spell-danger-for-wildlife

SOUTH AFRICAN POLICE PROBING EX-STEINHOFF CEO

On 2 November, KYC 360 reported that South African authorities are reported to have launched a probe into suspected new fraud and money laundering allegations against former Steinhoff International Holdings NV CEO, Markus Jooste.  The Directorate for Priority Crime Investigation, an elite crime busting force, applied for access to bank records dating back to between 2000 and 2009 belonging to Jooste’s company, Mayfair Speculators.  He has also been fined $9.9 million by a South African regulator for insider trading ahead of the retailer’s near collapse almost 3 years ago. 

https://www.riskscreen.com/kyc360/news/south-african-police-probing-ex-steinhoff-ceo-jooste-times-says/

OVER 11,000 CREW CHANGES CONDUCTED IN PANAMA

On 2 November, Seatrade Maritime News reported that Panama has facilitated more than 11,000 crews changes between 19 March and 28 October this year.  There are said to be some 400,000 seafarers left stranded either on vessels or ashore due to Covid-19 travel bans and restrictions.

https://www.seatrade-maritime.com/ship-operations/over-11000-crew-changes-conducted-panama

UK ICO REDUCES THE SIZE OF A DATA BREACH PENALTY FOR HOTEL BUSINESS MARRIOTT FROM £99 MILLION TO £14 MILLION

On 30 October, Tech Crunch reported that the fine relates to a data breach suffered by the hotel giant that dates back to 2014 (involving the network of Starwood hotels, which it had acquired in 2015) — but which wasn’t discovered until November 2018.  The breach is thought to have affected around 30 million users across the EU.

https://techcrunch.com/2020/10/30/uk-watchdog-reduces-marriott-data-breach-fine-to-23-8m-down-from-123m/

https://www.twobirds.com/en/news/articles/2020/global/information-commissioner-fines-marriott-international

EU DATA WATCHDOG ‘STRONGLY ENCOURAGES’ INSTITUTIONS TO AVOID US DATA TRANSFERS

On 29 October, EurActiv reported that the EU’s data protection watchdog, EDPS, has warned the EU institutions that they should refrain from embarking on new activities that involve transferring personal data to the US, in the wake of a decision from the CJEU earlier this year.  EDPS said that an order has recently been sent to EU institutions, instructing them to complete “a mapping exercise identifying which on-going contracts, procurement procedures and other types of cooperation involve transfers of data”, and institutions are required to inform the EDPS of such transfers.

https://www.euractiv.com/section/digital/news/eu-data-watchdog-strongly-encourages-instituions-to-avoid-us-data-transfers/

PANAMA, GUYANA TAKE FIRST STEPS TO JOIN LATIN AMERICAN HEMP RUSH

On 2 November, the Hemp today website reported that the governments of Guyana and Panama say they are looking into establishing hemp sectors.  Guyana’s government is reviewing feasibility studies, and has discussed hemp trials.  In Panama, government representatives and deputies in the National Assembly agreed to form a committee to analyse hemp’s potential for industrial development during discussions about a proposed hemp law.

https://hemptoday.net/panama-guyana-take-first-steps-to-join-latin-american-hemp-rush/

DUBLIN AIRPORT – REVENUE OFFICERS SEIZE 60 KG OF SMUGGLED TOBACCO AFTER BAG SEARCH

On 2 November, Dublin Live reported that the smuggled tobacco was found following a search of the checked baggage of a British national that had disembarked a flight from Alicante.

https://www.dublinlive.ie/news/dublin-news/huge-find-dublin-airport-revenue-19205657

CAYMAN ISLANDS INTRODUCE REGULATIONS FOR VIRTUAL ASSET SERVICE PROVIDERS (VASP)

On 2 November, coin Telegraph reported that the Ministry of Financial Services of the Cayman Islands Government has announced that it has commenced a regulatory framework for virtual asset service providers.  The first phase of the implementation focuses on compliance with and enforcement of AML/CFT rules.  The VASP framework will be submitted for consideration prior to the re-rating by the FATF-style regional body CFTAF, due in November.

https://cointelegraph.com/news/cayman-islands-introduce-regulations-for-virtual-asset-service-providers

SPORTPESA’S KENYAN SHAREHOLDER CLAIMS BILLIONS TRANSFERRED TO OFFSHORE ACCOUNTS

On 2 November, Kahawa Tungu reported claims by a 17% shareholder in sports betting company Sportpesa held large sums in its accounts by the time its licence was revoked in Kenya in July 2019.  He alleged wrongdoing may have been involved in transfers out of the country.  It is also said that officers from the UK SFO also visited Sportpesa’s Nairobi office, but that efforts to have a forensic audit have continued to be frustrated.

https://www.kahawatungu.com/money-laundering-sportpesas-kenyan-shareholder-reveals-billions-transferred-offshore-accounts/

REPORTING DUTIES UNDER THE GERMAN MONEY LAUNDERING ACT – REAL ESTATE

On 30 October, an article from Beiten Burkhardt was concerned with new reporting duties for legal and tax advisory professionals in real estate transactions.  On 1 October, a new regulation on reporting duties under the German Money Laundering Act – Real Estate came into force.  It seeks to extend the already existing duties to report suspicions of money laundering or terrorist financing in the area of real estate transactions to the FIU.  

https://www.beiten-burkhardt.com/en/blogs/rst/geldwaeschegesetzmeldepflichtverordnung-immobilien-gwgmeldv-immobilien

US RETURNS 9th CENTURY MANUSCRIPTS AND ROMAN COIN TO ITALY

A news release from US Immigration & Customs Enforcement on 30 October advised that the US had returned 2 9th Century Italian manuscripts and a Roman coin, a Contorniato, during a repatriation ceremony at the Italian Embassy in Washington.  In addition, Italy and the US renewed an MoU between Italy and the US on cultural property, first signed in 2001.  The manuscripts, originating in Benevento and dating from 821 AD and 823 AD respectively, record the sale of lands, including vineyards and orchards, to a man named Bonepertus and his sons. The manuscripts were gifted to the University of Pennsylvania in 2010 but were found to be stolen from the Biblioteca statale del Monumento Nazionale Badia di Cava in Cava de’ Tirreni.  The Roman coin, a “Contorniato di Traiano,” was a reward given to soldiers or civilians during the rule of the Roman emperor Trajan (98-117 AD) and was stolen from the Oliveriano Museum in Pesaro in 1978.  In April 2016, an auction house contacted the museum to report that a coin, believed to be the stolen object, had recently been consigned by the executor of an estate. The auction house surrendered the coin.

https://www.ice.gov/news/releases/ice-returns-9th-century-manuscripts-roman-coin-italy

INDONESIA: 2 POLICE GENERALS INDICTED FOR ACCEPTING BRIBES

On 2 November, the Jakarta Post reported that they have been indicted for accepting bribes to assist graft convict Djoko Soegiarto Tjandra evade capture when he was a fugitive.  The former head of the National Police international relations division and the former senior officer at its Criminal Investigation Division are involved.

https://www.thejakartapost.com/news/2020/11/02/two-police-generals-indicted-for-accepting-bribes-of-rp-8-3b-from-djoko-tjandra.html

HEATHROW AIRPORT TO LAUNCH LEGAL REVIEW OVER VAT-FREE SHOPPING BAN

On 2 November, Yahoo Finance reported that Heathrow Airport is preparing to launch a legal challenge against the government’s decision to ban VAT-free shopping for tourists to the UK from the end of this year.  It would affect items such as electronics, food and clothing for international visitors (but not the traditional alcohol and tobacco duty-free).

https://uk.finance.yahoo.com/news/heathrow-airport-launch-legal-review-over-vat-free-shopping-ban-132416201.html

ALASKAN WHITE SUPREMACISTS FACE RICO CHARGES

On 2 November, OCCRP reported that new charges have been added in an ongoing investigation against a white supremacist gang, known as the 1488s, treating them as not just as hate group, but a criminal organisation   involved in drug and weapons trafficking. 

https://www.occrp.org/en/daily/13341-filthy-fuhrer-alaskan-white-supremacists-face-rico-charges

STOWAWAY THREAT TO SHIPPING

On 2 November, Hellenic Shipping News reported that, in the wake of the recent incident off the UK coats involving special forces, the incidence of attacks against the crew of commercial ships has unfortunately seen an increase over the past year. In fact, the International Maritime Bureau recently reported a rise in piracy and armed robbery on the world’s seas in the first nine months of 2020 (including a 40% increase in the number of kidnappings reported in the Gulf of Guinea, compared with the same period in 2019.  Information from The Standard Club (a P+I Club) is that stowaway-related claims can be numerous and costly.  Since 2010, The Standard Club has experienced 517 stowaway claims and these claims have involved 1,040 stowaways and resulted in costs totalling over $11 million.  It says that individuals may stowaway because of economic pressure, political unrest, opportunism, desire for adventure or criminal purposes.  The majority of stowaway incidents for the ships entered in the club came from West Africa, South Africa and waters of the Red Sea. There are other significant areas including Italy, west coast of South America (Chile, Ecuador, and Peru) and East Africa (Mombasa and Dar-es-Salam).  The Club says that members are encouraged to review their stowaway procedures and assist Masters and crew in preventing stowaways from boarding and, should any stowaway gain access to the ship, then the Master and crew should be aware of how best to respond and from where they can get further support.

https://www.hellenicshippingnews.com/stowaway-threat-to-shipping/

MONETARY AUTHORITY OF SINGAPORE (MAS) HAS ISSUED PROHIBITION ORDERS AGAINST 2 FORMER BANK EMPLOYEES FOR FRAUD AND DISHONEST CONDUCT

A release on Mondo Visione on 2 November advised that the orders were issued against the individuals following their convictions in the State Courts of Singapore, in 2 court cases that were not related. The orders took effect from 29 October.

https://mondovisione.com/media-and-resources/news/monetary-authority-of-singapore-bans-two-individuals-for-fraud-and-dishonest-con-1/

HUSBAND OF ISABEL DOS SANTOS, BILLIONAIRE DAUGHTER OF FORMER ANGOLA PRESIDENT, DIES IN DIVING ACCIDENT

On 2 November, a report from AFP advised that Sindika Dokolo, the husband of Isabel dos Santos, billionaire daughter of Angola’s former president, had drowned while free diving off the coast of Dubai.  Dokolo, a business tycoon and art collector, a citizen of Democratic Republic of Congo, became entangled along with his wife in an anti-corruption investigation launched after her father, Jose Eduardo dos Santos, left office in 2017.  He was the son of Augustin Dokolo Sanu, a highly-influential Congolese banker during the era of dictator Mobutu Sese Seko, and Hanne, a Dane who still lives in Kinshasa.

https://www.barrons.com/news/dos-santos-husband-sindika-dokolo-drowned-diving-dubai-police-01604250606

LAWYER WHO DEFENDED THE ONECOIN SCAMMER KNOWN AS THE “CRYPTOQUEEN” DEBARRED IN NEW YORK

On 2 November, Decrypt reported that Mark Scott, formerly an attorney for Locke Lord LLP, was banned from practicing law in New York due to his involvement in the OneCoin fake blockchain project.  Scott was convicted for conspiracy to commit money laundering and bank fraud last November and is awaiting sentencing.

https://decrypt.co/46850/cryptoqueen-lawyer-disbarred-from-new-york

GOLDMAN SACHS: 5 TAKEAWAYS FOR COMPLIANCE OFFICERS EVERYWHERE

A post from the FCPA Blog on 2 November reflects on the 1MDB scandal and the resulting $3.3 billion penalty it cost Goldman Sachs.  It says one sees the failure of a sophisticated and influential financial institution to maintain strong internal controls. How did it happen?  The post provides 5 biggest takeaways every company in any industry can benefit from.

https://fcpablog.com/2020/11/02/goldman-sachs-five-takeaways-for-compliance-officers-everywhere/

AUSTRAC AND UAE FIU SIGN FINANCIAL INTELLIGENCE MoU

On 2 November, a news release from AUSTRAC in Australia advised that it and the UAE FIU had signed an MoU through which both countries will cooperate in the development, exchange and analysis of financial intelligence related to suspected money laundering, terrorism financing, and other serious crimes.  AUSTRAC now has 100 international memoranda of understanding which help to strengthen our capacity to exchange financial intelligence and regulatory information with foreign counterparts.

https://www.austrac.gov.au/news-and-media/our-recent-work/austrac-united-arab-emirates-financial-intelligence-unit-mou

GERMANY UPDATES ITS DUAL-USE AND MILITARY EXPORT LIST

On 2 November, the EU Sanctions Blog reported that, with effect from 29 October, Germany’s Federal Ministry for Economic Affairs and Energy has issued a new regulation.  The post mentions the new addition to the list of goods subject to control, including certain small firearms and components relating to hunting and sports, software specially designed or modified for the conduct of military offensive cyber operations, and items required for environmental testing facilities in which weapons, ammunitions and armaments are evaluated.

https://www.europeansanctions.com/2020/11/germany-amends-dual-use-military-export-list/

GAO TELLS CBP TO STREAMLINE ENFORCEMENT APPROACH TO COUNTERFEIT GOODS

ON 27 October, Homeland Security Today reported that the number of small packages sent each year to the US since fiscal year 2013 has more than doubled, and small packages seized often contain counterfeit goods.  US Customs and Border Protection (CBP) is trying to combat the increasing numbers of small packages containing counterfeit goods that are being sent directly to consumers, but its officials say the seizure and forfeiture processes that US law requires are time and resource intensive.  Now a Government Accountability Office (GAO) report sets out how the EU and US approach to enforcing intellectual property rights (IPR) differ with respect to counterfeit goods in small packages, noting the streamlined process used by EU customs authorities.  GAO recommended that CBP develops a streamlined enforcement approach to counterfeit goods in small packages and the Department of Homeland security agreed and, by January 2021, the CBP Office of Trade will implement a policy to streamline its forfeiture process for seized merchandise valued under $2,500.

https://www.hstoday.us/subject-matter-areas/surveillance-protection-detection/gao-tells-cbp-to-streamline-enforcement-approach-to-counterfeit-goods/

The GAO report is at –

https://www.gao.gov/assets/710/709639.pdf

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

HOW ANONYMOUS COMPANIES ARE USED TO LAUNDER MONEY THROUGH US REAL ESTATE

On 23 September, Global Witness published a report saying that it found alarming that, in the US, there are few regulations and checks of who is purchasing homes. As a result, housing remains a key vehicle for criminals looking to stash cash, launder money, and buy up homes in a tight market.  It uses 6 case studies to illustrate how it is done, saying that these are just the tip of the iceberg, and without urgent intervention, anonymous companies will continue to undercut and disadvantage ordinary Americans looking for housing.  It argues that there is an urgent need for swift, effective action to curb the use of anonymous companies and their professional enablers.  It makes a number of recommendations, including expanding the FinCEN Geographic Targeting Orders covering residential property nationwide and make them permanent. 

https://www.globalwitness.org/documents/19961/Briefing-On_The_House.pdf

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

ISLE OF MAN LAUNCHES CONSULTATION INTO FRAMEWORK FOR CANNABIS DERIVED EXPORT PRODUCTS

On 2 November, the Isle of Man Government Department for Enterprise launched a consultation on plans to establish an export sector for Cannabis-derived products, such as industrial hemp, medicinal cannabis and other uses for the cannabis plant in the Isle of Man.  The consultation invites industry, potential investors and other interested parties to provide input into the proposed framework to support the potential sector.  It sets out the licensing framework, prescribed by new regulations, and supporting guidance required to create a stringent regulatory environment for the emerging sector.  It seeks feedback only on a commercial-export sector for economic benefit and does not consider related activities for domestic sales or consumption.  It builds upon a previous consultation DHSC held in February/March 2019 which garnered significant public, commercial and departmental input. Responses are due by 19 November.

https://consult.gov.im/economic-development/regulatory-framework-for-cannabis-derived-products/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

ORGANISED CRIME IN SOUTH-EASTERN EUROPE

On 2 November, the Global Initiative Against Transnational Organised Crime published its latest Bulletin looking at organised crime in SE Europe.  The matters included –

A recent case that came to light concerning an Albanian-speaking cocaine-trafficking network operating out of Ecuador.  The Albanian media speculate that the kingpin is a notorious 40-year-old Albanian criminal, who has been imprisoned in Ecuador for the past 6 years;

A further report of the smuggling of weapons from SE Europe.  SE Europe is awash with weapons, particularly from the legacy of wars in the former Yugoslavia and some countries in the region still manufacture weapons; and

North Macedonian businesses have been on the receiving end of cyber attacks, particularly through a technique known as phishing, which is used to steal data or carry out fraud.  It is said that hackers in North Macedonia have developed a notorious reputation, from producing fake news during the last US election to carrying out a disproportionate number of cybercrime offences.

https://globalinitiative.net/wp-content/uploads/2020/11/SEE-Obs-Risk-Bulletin-2.pdf

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

THE SAUDI ARABIA, UAE, EGYPT, AND BAHRAIN SANCTIONS ON QATAR

On 29 October, a report from Columbia University in the US saying that the 4 countries announced in 2017 that they were cutting diplomatic ties with and imposing sanctions on Qatar.  The most formidable of these sanctions was a comprehensive blockade of Qatar, which involved the closure of the land border between Qatar and Saudi Arabia as well as banning Qatari aircraft from entering the countries’ airspace. The coalition then embarked on a limited programme of sanctions advocacy, seeking US, European, East Asian, and other regional support for their efforts.  The report sets aside whether the cause of the Qatari dispute with its neighbours justified the use of sanctions and examines the significance of the execution of those sanctions.  Qatar’s experience is not replicable in many contexts, given its sizable advantages in available resources. Nonetheless, how the country responded to and — in assessment of the report — effectively defeated the sanctions campaign mounted against it points to several lessons about the design and implementation of sanctions.

https://www.energypolicy.columbia.edu/research/report/qatari-sanctions-episode

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

TO SPEAK OR NOT TO SPEAK: ADVERSE INFERENCES AND A NEW COURT OF APPEAL DECISION

On 2 November, a blog post from Corker Bining says that the most significant decision a suspect must take when they are arrested, or when they attend an interview under caution voluntarily – do they provide the police with their version of events at the interview, or exercise their right to silence?  Whilst determining what advice to give on this issue has always been a matter of judgment, the principles governing the exercise of that judgment have been thrown into confusion by a recent decision of the UK Court of Appeal.  If one says nothing, a judge can invite a jury to draw adverse inferences against a defendant if they rely on facts in their defence at trial which they failed to mention when being questioned. This means that a jury is entitled to conclude that the true reason the defendant failed to answer questions in interview is that they had no answer to give – but the article stresses that it does not have to, but that it may draw inferences.  The situation is seemingly been thrown into confusion by a case where, in December 2014, the defendant was accused of conspiracy to commit fraud by false representation between 2011 and 2013 in a case related to his solar panel business.  The blog says that the decision has upset the previously unambiguous position that the prosecution case must be sufficiently strong to call for an answer before adverse inferences can be drawn from a suspect’s silence.  It says that defence lawyers will struggle, if this case is followed, to confidently advise their clients that, where disclosure in complex crime investigations is sparse or incoherent, a no comment interview is likely to be consequence-free at any future trial.

https://www.corkerbinning.com/adverse-inferences-court-of-appeal-decision-r-v-black/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

GEORGIA AML/CFT MUTUAL EVALUATION REPORT

On 2 November, a news release from Moneyval says that its mutual evaluation report has urged the Georgian authorities to strengthen the practical application of their measures to combat money laundering and financing of terrorism. The report says the Georgia needs to improve the understanding of risks in the following areas: use of cash in the economy; the real estate sector; trade-based money laundering and terrorism financing (including in free industrial zones of Georgia); the activities of legal persons; and the use of non-profit organisations (NPO).  The report also notes that there are important limitations in place on the financial intelligence that can be obtained upon request from the Financial Monitoring Service by law enforcement authorities, when investigating ML, and associated predicate offences.

https://www.coe.int/en/web/portal/-/anti-money-laundering-georgia-should-step-up-using-financial-intelligence

https://search.coe.int/directorate_of_communications/Pages/result_details.aspx?ObjectId=0900001680a029a2

https://rm.coe.int/moneyval-2020-20-5th-round-mer-georgia/1680a03271

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

UN PANEL SAYS NORTH KOREAN MORTAR APPARENTLY USED IN TERRORIST ATTACK IN SOMALIA

On 31 October, Yonhap News reported a sign of possible arms deals between North Korea and the al-Shabab Islamic extremist group.  The al-Qaida-linked group carried out 6 separate mortar attacks on the international airport in Mogadishu between February and May.  One of the attacks involved 4 x 60mm mortar rounds, one unexploded example has characteristics consistent with a 60mm HE type 63 mortar round, manufactured in DPRK. 

https://en.yna.co.kr/view/AEN20201031001300320

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

BREXIT – EXPORTING DUAL-USE ITEMS TO EU MEMBER STATES FROM THE UK: THE NEW RULES

On 26 October, an article from Travers Smith was concerned with the rules from 1 January and the new guidance issued by UK authorities on 16 October.  It says that, prior to 1 January, the export of these items from the UK to the EU remains broadly unfettered, save for a small number of the most high-risk items subject to individual controls at a state level.  This situation is replaced from 1 January by a new regime which includes new a new Open General Export Licence (OGEL) which relates to the export of systems, equipment and components, test inspection and production equipment, materials, software and technology, and covers all areas of production.  While advising all exporters to review their own situation, the article says that, whilst it is not anticipated this change of rules will have a significant impact on seasoned exporters, it does mean that many new businesses will require an OGEL. 

https://www.traverssmith.com/knowledge/knowledge-container/exporting-dual-use-items-to-eu-member-states-from-the-uk-the-new-rules/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

UK AND ISLE OF MAN HAVE AMENDED 4 ENTRIES ON BURUNDI SANCTIONS LIST

A Notice from HM Treasury on 2 November advised that 4 entries on the Consolidated List in respect of Burundi have been amended.  The Isle of Man advised the same the same day.

https://www.gov.im/news/2020/nov/02/financial-sanctions-burundi/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y