The UK has published the Export Control (Sanctions) (Amendment) Order 2019 which amends existing subordinate legislation, and creates new offences for some export control violations. The amendments include: The addition of Eritrea to the Export Control Order 2008 to control the transit of Category B goods (small firearms and light weapons); Updates to definitions and […]

Nato Secretary General Jens Stoltenberg says all 29 member countries would respond to a serious cyber-attack on one of them. Writing in Prospect Magazine, he said such an incident would trigger a “collective defence commitment”, known as Article 5 of its founding treaty. Article 5 has not been triggered since the 9/11 terror attacks on […]

The attached report looks at the anti-bribery and corruption legislation of Russia, Azerbaijan, Kazakhstan, Kyrgyzstan, Turkmenistan, and Uzbekistan and reveals significant differences in  law and approaches Only Russia, Azerbaijan and Kyrgyzstan also punish companies for the bribery of public officials as well as commercial bribery. In Kazakhstan, companies are punished only for the bribery of […]

Companies in Russia may avoid liability in domestic bribery cases if they assist in identifying the offence (e.g. by disclosing information), assist in investigation of the bribe, or if the bribe has been extorted, according to a new law which goes into force on August 14, 2018 (the “Law”).1 The Law also allows courts to […]

Banks operating in the Baltic nation of Estonia may have laundered considerably larger sums than first thought. Estonian police now estimate that bankers in their country were involved in suspicious transfers of money and securities, mainly from Russia, totaling more than $13 billion from 2011 to 2016. Danske Bank Rebuked by Government as Laundering Scandal […]

MOSCOW (Reuters) – Moscow and Washington struck a deal on Wednesday to hold a summit soon between Russian President Vladimir Putin and U.S. President Donald Trump, a move likely to worry some U.S. allies and draw a fiery reaction from some of Trump’s critics at home. Kremlin foreign policy aide Yuri Ushakov, speaking after Putin […]

The European Council has unanimously agreed to extend economic sanctions targeting the Russian economy by 6 months, until 31 January 2018. The extension is a result of the failure to fully implement the Minsk Agreements. The sanctions, originally introduced in July 2014 in response to Russia’s actions in Ukraine, focus on the financial, energy and […]

Dirty secrets of the laundromat: That’s the name of a scam used by Russian gangsters aided by greedy British banks to launder billions of illicit roubles through London Mail special investigation reveals scandal involving Russian dirty cash in London Centred around picture of a woman sitting cross-legged on a brand new Bentley British banks are […]