OTHER THINGS YOU MAY HAVE MISSED – APRIL 24

Panama Covid-19 update – a bit of a bade day today, relatively speaking, as although other figures coming down, including ICU numbers, there were another 7 fatalities reported today – this being above the average for recently, and the highest figure since 2 April 9when it was also 7).

Meanwhile, 338 new cases were reported, with 3,966 active cases, of whom 62 are in ICU and 302 in other hospital wards.

24 APRIL 2021

WILL US DRONE SALES TO THE UAE CLIP CHINESE WINGS IN THE MIDDLE EAST?

On 23 April, Middle East Eye reported that Turkish, Israeli and US drones are all options for countries seeking remotely-piloted vehicles in battle zones across the region, and that Chinese drones have become an increasingly common sight in conflict zones across the Middle East.  Previously, the US had been reluctant to sell armed drones to allied countries in the region, as it is a signatory of the Missile Technology Control Regime (MTCR), which, among other things, aims to prevent the proliferation of such weapons systems.  China, which never signed the export control regime, took advantage of the US absence in the market. However, the Trump Administration reinterpreted the MTCR in a way that permitted the US to sell armed drones and compete with China. 

https://www.middleeasteye.net/news/china-drones-future-middle-east-arms-market

THE EBB AND FLOW OF SANCTIONS ON IRANIAN OIL

On 24 April, the Hellenic Shipping News carried an article detailing the sanctions imposed on Iran since 2011, both before and after the JCPOA 2015 agreement.

https://www.hellenicshippingnews.com/the-ebb-and-flow-of-sanctions-on-iranian-oil/

US: CFTC HAS COLLECTED MORE THAN $1 BILLION IN SANCTIONS VIA WHISTLEBLOWERS

Advisers Edge on 23 April reported that whistleblower tips to the Commodity Futures Trading Commission (CFTC) have now produced more than $1-billion-worth of enforcement action.  The derivatives regulator announced its latest whistleblower award of approximately $3 million. 

https://www.advisor.ca/news/industry-news/cftc-has-collected-more-than-us1-billion-in-sanctions-via-tipsters/

TOYOTA FACES THAI BRIBERY PROBE OVER TAX DISPUTE

On 19 April, the Financial Times reported that Toyota is under investigation in Thailand over allegations that consultants hired by the world’s largest carmaker tried to bribe local officials in a tax dispute.

https://www.ft.com/content/aa0351ec-30dd-408e-8c33-633276ec4667

ROCKETING CARGO THEFT STATISTICS ‘A BIG WAKE-UP CALL’ FOR ALL SUPPLY CHAIN PLAYERS

The British International Freight Association reported that almost €500,000 of goods were stolen from Europe, Middle East and Africa supply chains every day in 2019 and 2020, according to new data from the Transport Asset Protection Association (TAPA), and TAPA warned that these figures were likely to be just the tip of the supply chain crime iceberg.  Thefts from trucks continued to represent the vast majority if incidents last year, with unsecured parking facilities noted as a cause in half of the total truck thefts in the region.

https://www.bifa.org/news/articles/2021/apr/rocketing-cargo-theft-statistics-a-big-wake-up-call-for-all-supply-chain-players?l=y

THE RISE OF NFT – OPPORTUNITIES AND LEGAL ISSUES

An article from White & Case on 23 April says that the introduction of NFT has the potential to strongly influence a transition to a more digital world. NFT are making it possible for creators to imbue physical properties like scarcity, uniqueness, and proof of ownership to digital assets.

https://www.whitecase.com/publications/alert/rise-nfts-opportunities-and-legal-issues

NFT ARE INTERESTING BUT FRACTIONALIZED NON-FUNGIBLE TOKENS (F-NFT) MAY PRESENT EVEN MORE CHALLENGING LEGAL ISSUES

An article from Proskauer on 23 April says that there have been few articles and little attention paid to what ultimately might be the most interesting development concerned with NFT, that is, the rise of fractional NFT (F-NFT aka “a shard”).

https://www.blockchainandthelaw.com/2021/04/nfts-are-interesting-but-fractionalized-non-fungible-tokens-f-nfts-may-present-even-more-challenging-legal-issues/

HOW PARAGUAY EMERGED AS MAJOR COCAINE EXPORTER TO EUROPE

On 23 April, an article from Insight Crime reported that shipping containers at European ports that concealed record amounts of cocaine have come from an unlikely source: the landlocked country of Paraguay.  These have led to a series of raids by Paraguayan authorities on properties and offices connected to 4 companies allegedly linked to the shipment.  It says that Paraguay’s emergence as a launching pad for cocaine shipments to Europe is a result of 2 trends — traffickers and drug gangs setting up in the country, and their search for new maritime transatlantic drug routes.  

https://insightcrime.org/news/how-paraguay-became-major-cocaine-exporter-to-europe/

DOING BUSINESS IN RUSSIA

Baker McKenzie has produced its annual general guide for companies operating in or considering investment into the Russian Federation. The guide presents an overview of the key aspects of the Russian legal system and regulation of business activities in this country.

https://www.bakermckenzie.com/en/-/media/files/insight/publications/2021/04/doing_business_in_russia_2021.pdf

OPEN-SOURCE ANALYSIS OF IRAN’S MISSILE AND UAV CAPABILITIES AND PROLIFERATION

On 20 April, a report from the International Institute for Strategic Studies is described as a fact-rich technical assessment of Iran’s current missile and uninhabited aerial vehicle (UAV) capabilities and its proliferation of these technologies to Iran’s regional partners.  It also says that Iran’s space programme is not a mere cover for development of intercontinental ballistic missiles, notwithstanding mutually applicable technologies and capabilities.  It says that Iran uses 4 complementary strategies to provide its non-state actor allies with UAV, artillery rockets and ballistic missiles: direct transfers, upgrades to existing missiles and rockets, the transfer of production capabilities, and provision via third parties; and that missile proliferation efforts have profoundly destabilising consequences for the region.  What exact degree of operational control Iran asserts over its various partners can be difficult to discern. 

https://www.iiss.org/-/media/files/research-papers/open-source-analysis-of-irans-missile-and-uav-capabilities-and-proliferation.pdf

DOVER HARBOUR TIMELAPSE VIDEO BY SE MEDIA

https://youtu.be/2dYOTFHN-4c

UNDERGROUND ARMS WATCH – APRIL 2021

On 20 April, The Firearms Blog published its latest report on recently seized craft-produced arms seized by law enforcement around the globe.  These include an illegal manufacturing operation in Tenerife; and the rebranding of various models of Turkish-made replica blank-firing pistols once adapted to fire real ammunition.

https://www.thefirearmblog.com/blog/2021/04/21/underground-arms-watch-april/

NORTH KOREA SAYS IT WON’T MAKE CHINESE WIGS AND FALSE EYELASHES ONCE TRADE RESUMES

On 24 April, RFA reported that Chinese wig and false eyelash companies that outsource manufacturing to North Korea will have to look elsewhere after authorities declared that the country’s companies would not be accepting manufacturing orders because young student laborers had been deployed in other jobs.  Wigs and eyelashes had been big business for Chinese and North Korean companies prior to the coronavirus pandemic.

https://www.rfa.org/english/news/korea/wigs-04242021024953.html

SERBIAN LAWMAKER AND POLITICAL KINGPIN FACES DOWNFALL OVER SEXUAL EXPLOITATION ALLEGATIONS

On 24 April, Rferl carried an article about Dragan “Palma” Markovic, 60, currently a lawmaker in the National Assembly, chairman of the coalition party United Serbia (JS), and city council president of the town of Jagodina, of which he was mayor for 8 years.  He has also built up business holdings under the Palma brand that initially focused on trade and transport but also include a TV station and kickboxing club.  However, the public prosecutor has opened a case over allegations that Markovic had organised sex-capped gatherings in Jagodina attended by government officials and “girls aged 15, 16, and 17” from Belgrade while also making improper payments to minors.

https://www.rferl.org/a/pimping-girls-sexual-exploitation-serbian-kingpin-vucic-dragan-palma-markovic/31220410.html

WARNING OF BOGUS COVID VACCINES BEING SOLD IN MEXICO, ARGENTINA AND BRAZIL

On 23 April, OCCRP reported that the Pan American Health Organization (PAHO) urged the public not to buy vaccines on the Internet after it received reports that counterfeit COVID-19 jabs are being sold via social media in Mexico, Argentina and Brazil.

https://www.occrp.org/en/daily/14282-paho-warns-of-bogus-covid-vaccines-sold-in-mexico-argentina-and-brazil

UK: POLICE SEIZE £15 MILLION HAUL OF FAKE DESIGNER GOODS IN MANCHESTER

On 23 April, the Evening Standard reported that a string of raids across Manchester has uncovered a huge cache of fake clothes, handbags, shoes as well as bootlegged medication.  Around 45,000 items were seized with an estimated loss to brands of £15 million if sold at retail price. 

https://www.standard.co.uk/news/uk/police-greater-manchester-police-city-of-london-police-strangeways-city-of-london-b931255.html

SWITZERLAND: FORMER POLICE OFFICER JAILED FOR DARKNET ARMS DEALING

On 22 April, Swissinfo reported that the Federal Criminal Court has given the former logistics chief of the Schwyz cantonal police a suspended prison sentence and a fine for the illegal sale of weapons and ammunition.  Over a period of 9 years the defendant had “offended continuously” as he had had ordered ammunition for himself at the expense of his employer and sold weapons via the darknet.

https://www.swissinfo.ch/eng/former-police-officer-jailed-for-darknet-arms-dealing/46557640

SHIPPING DURING COVID-19: WHY CONTAINER FREIGHT RATES HAVE SURGED

On 23 April, an article from the UN Conference on Trade and Development examines the complex factors behind the unprecedented shortage of containers hampering trade’s recovery, and how to avoid a similar situation in the future.

https://unctad.org/news/shipping-during-covid-19-why-container-freight-rates-have-surged

THE UNDESIRABLES WHO TRIED AND FAILED TO BUY A MALTESE PASSPORT

On 24 April, an article in the Times of Malta provides profiles of 3 of the least desirable applicants revealed by the recent “Passport papers” investigation.

https://timesofmalta.com/articles/view/the-undesirables-who-tried-and-failed-to-buy-a-maltese-passport.867055

SETTLING FOR GENERAL AVERAGE

On 23 April, an article from American Shipper set out to explain “general average”, in the light of the Ever Given (the ship that blocked the Suez Canal) and the vessel owner’s declaration of general average on 1 April.  If the claim of general average is upheld, all consignors will have to pay a bond to have their containerised cargo released from the vessel once it reaches an appropriate port.  Typically, it will be a salvage value set at some percentage of the cargo’s value, and the claim is usually made where a danger to the ship and cargo existed.  The article explains that the basic concept goes back to Ancient Greece, where throwing cargo overboard in order to save the vessel was deemed a loss to be shared by the carrier and all the consignors. 

https://www.freightwaves.com/news/viewpoint-settling-for-general-average

TURKEY: VEBITCOIN – AUTHORITIES ARREST 4 PEOPLE AFTER SECOND CRYPTOCURRENCY COLLAPSES

On 24 April, BBC reported that officials also launched an investigation and blocked the accounts of the platform.  Previously, another Turkish platform, Thodex, shut down holding investments from about 390,000 users.  Increasing numbers of people are opting to use cryptocurrencies in Turkey in an attempt to protect their savings from a sharp decline in the value of the local currency, but the Turkish cryptocurrency market is unregulated.  Turkey has said it would ban the use of cryptocurrencies to pay for goods and services from 30 April.

https://www.bbc.com/news/world-europe-56871403

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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