Tag: All Regions
The Register of Overseas Entities – What you need to know
Originally promised “by 2021”, the war in the Ukraine has finally booted the Register of Overseas Entities onto the statute book as part of a global push towards transparency in property ownership. As we reported in December 2020, most UK entities have been required to provide information about their ultimate owners since June 2016, but plans to cast the net wider to catch overseas entities seemed to have stalled over the last two years. Now, domestic and global pressure to crack…
The ripple effects of sanctions
Having been accused of getting off to a slow start in relation to the imposition of sanctions arising out of developments in Russia and Ukraine, the UK Government appears to be generating something of a head of steam and has in recent days sanctioned 7 Oligarchs and 386 members of the Russian Duma. Indeed the unprecedented pace of sanctions from across the globe has created a major issue for many businesses, and the intended and unintended consequences of those sanctions…
FBI Releases 2021 Internet Crime Report
U.S. v. Choon Foo Yong aka Keith Yong
U.S. v. Hyuk Jin Kwon and Hyun Ki Shin
U.S. v. Victor Btesh, et al.
Victor Btesh, Bruce Fish, BDF Enterprises, Inc. d/b/a “The Big Lebowski”, Michelle’s DVD Funhouse, Inc. d/b/a “The Amazing Express”, MJR Prime, LLC d/b/a “Ready 2 Go”, and Prime Brooklyn, LLC d/b/a “Super Super Fast”, knowingly entered into and engaged in a combination and conspiracy to suppress and eliminate competition by fixing prices for DVDs and Blu-Ray Discs sold through the Amazon Marketplace platform to customers located throughout the United States. The charged conspiracy began at least as early as October…
EU adopts fifth package of sanctions against Russia
The European Council has today (08 April 2022) adopted a fifth package of sanctions against Russia, with a view to putting pressure on Russia’s economy and limiting its capacity for aggression against Ukraine. Key sanctions include: – Prohibitions on: – The purchase, import or transfer of coal and other solid fossil fuels into the EU if they originate in Russia or are exported from Russia, effective as of August 2022. – Vessels registered under the flag of Russia accessing EU ports (subject…
Update: UK Government announces new Russia sanctions
On 06 April 2022, the UK Government announced a new package of economic sanctions against Russia. Building on the approach previously taken, the sanctions target business elites, banks and strategic industries, including iron and steel. Additionally, the Government has announced measures to undermine the capabilities of the Russian energy sector and has committed to ending all dependence on Russian oil and coal by the end of 2022, with imports of Russian gas to end as soon as possible thereafter. The…
UK Government announces 14 new Russian sanctions
On 31 March 2022, the UK Government announced 14 new Russian sanctions, targeted primarily at state-owned media organisations and Russian propagandists. Those subject to the new sanctions will have their UK assets frozen and no UK citizen or company will be able to do business with them. Individuals subject to travel bans will also be prohibited from travelling to or from the UK. The entities and individuals sanctioned are: TV-Novosti – the organisation that owns RT Rossiya Segodnya…
