On 16 February, Reuters reported that the Guatemalan Prosecutor’s Office confirmed the arrest of 2 assistant prosecutors from the Special Prosecutor’s Office against Impunity (FECI), the latest in a string of detentions of anti-corruption officials. Both were involved in uncovering a corruption plot between lawyers, politicians and businessmen to elect judges, and authorities say arrest warrants are pending against 2 more assistant prosecutors involved in that case.
Day: February 16, 2022
LEBANON’S CENTRAL BANK CHIEF VANISHES AS CORRUPTION PROBE MOUNTS
On 16 February, VoA reported that the whereabouts of Lebanon’s Central Bank head Riad Salameh is not known, and observers say he appears to be on the run after police raided his office and 2 homes. Salameh has come under intense scrutiny since the collapse of Lebanon’s banking sector in 2019; and Germany, Luxembourg, France, Liechtenstein and Switzerland are also investigating him on suspicion of money laundering.
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GREENBERG TRAURIG’S SERIES OF POSTS ANALYSING CROSS-BORDER DATA TRANSFERS IN LIGHT OF THE NEW SCC APPROVED BY THE EUROPEAN COMMISSION IN JUNE 2021
Greenberg Traurig has produced a series of posts explaining how the June 2021 Standard Contractual Clauses published by the EU operate.
https://www.gtlaw-dataprivacydish.com/category/data-collection/
UK ISSUES SOLUTION FOR UK PERSONAL DATA TRANSFERS
On 14 February, a post from Greenberg Traurig said that the long-awaited UK data transfer mechanism has been published by the Information Commissioner’s Office (ICO), resolving the question of how international transfers of personal data from the UK will be handled post-Brexit. It explains that companies now need only add a UK-approved addendum to existing 2021 EU SCC to govern UK data transfers to third countries not considered to provide “adequate” data protection.
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UK MAKES MANY MORE AMENDMENTS TO SANCTIONS CONSOLIDATED LIST AND TO THE IRAN HUMAN RIGHTS SANCTIONS REGIME
On 16 February, HM Treasury advised that 48 entries have been amended in the new version of the Consolidated List. Amendments have been made to entries under the following financial sanctions regimes: Afghanistan, Belarus, Counter-Terrorism, North Korea, Global Human Rights, DRC, Iraq, ISIL/Al-Qaida, Libya, Russia and Somalia. The relevant notices can be found on the respective regime pages. It also advised that amendments have been made to entries under the Iran (Human Rights) regime on the new and previous versions of the consolidated list.
https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1055469/Notice_Somalia_160222.pdf https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1055466/Notice_Iraq_160222.pdf
USE OF ONLINE MARKETPLACES AND VIRTUAL CURRENCIES IN DRUG AND HUMAN TRAFFICKING
On 14 February, a report from the US Governmental Accountability Office says that drug and human traffickers are increasingly using online marketplaces and virtual currencies to connect with buyers and hide payments.
https://www.gao.gov/products/gao-22-105101
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UK: POLITICALLY EXPOSED PERSONS (PEP) REGIME
On 16 February, the House of Commons Library published a briefing paper observing that FATF in December 2018 rated the UK as “compliant” with its main recommendation on PEP, noting that “all criteria are met”. However, it also notes that, in November 2021 a number of peers raised concerns that firms were still imposing disproportionate due diligence requirements on them and their families.
https://researchbriefings.files.parliament.uk/documents/CBP-7376/CBP-7376.pdf
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