Philip Urofsky on UK

US, EU And UK Expand Russian Sanctions Amid Ongoing Ukraine Conflict

Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others — including Japan, Australia, New Zealand, Taiwan and Canada — have imposed...more

4/28/2022 / Australia , Canada , Economic Sanctions , EU , Foreign Policy , Foreign Relations , Japan , Military Conflict , New Zealand , Popular , Russia , Sanctions , Taiwan , UK , Ukraine , Vladimir Putin

US, EU and UK Target Russia with New Sanctions as Ukraine Invasion Escalates

Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others—including Japan, Australia, New Zealand, Taiwan and Canada—have imposed sweeping...more

3/23/2022 / Biden Administration , Canada , Economic Sanctions , EU , Foreign Policy , Office of Foreign Assets Control (OFAC) , Popular , Russia , Sanctions , UK , Ukraine

Sweeping New Sanctions: US, EU, UK and Other Countries Target Russia for Ukraine Invasion

Over the past week, the United States, the European Union and its member states, the United Kingdom, and several other countries have imposed rounds of sweeping new sanctions on Russia in response to its invasion of Ukraine....more

3/1/2022 / Biden Administration , Canada , Economic Sanctions , EU , Foreign Policy , Office of Foreign Assets Control (OFAC) , Popular , Russia , Sanctions , UK , Ukraine

Sanctions Round Up Second Quarter 2020

This quarter, the U.S. announced new sanctions and trade restrictions on China in response to its recent encroachments on Hong Kong and its reported mistreatment of ethnic minorities. OFAC continued to target shipping...more

7/21/2020 / Cybersecurity , Hong Kong , Iran , North Korea , Office of Foreign Assets Control (OFAC) , Oil & Gas , Shipping , UK , Venezuela

Navigating Systemic Risk: Protecting Financial Institutions form Avoidable Losses

COVID-19 has acted as an accelerator, bringing into play scenarios which were previously only contingencies and making contingencies of (and requiring planning for) situations which were previously barely imaginable. The debt...more

7/8/2020 / Antitrust Provisions , Coronavirus/COVID-19 , Libor , UK

FCPA Digest - Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act - July 2020

In the first half of 2020, the overall number of corporate enforcement actions dropped somewhat from recent years, with only six actions brought by the DOJ and SEC. The number of individual enforcement actions dropped as...more

7/6/2020 / Anti-Corruption , Bribery , Compliance , Corporate Counsel , Department of Justice (DOJ) , Enforcement Actions , EU , Foreign Corrupt Practices Act (FCPA) , Serious Fraud Office (SFO) , UK , White Collar Crimes

UK Business Crime Review 2020

This is the first edition of U.K. Business Crime Review— an annual publication focused on the outcomes, trends and developments over the past 12 months that are likely to be of interest to businesses operating in the United...more

2/25/2020 / Corporate Misconduct , FCPA Corporate Enforcement Policy (CEP) , Financial Crimes , Financial Services Industry , Foreign Corrupt Practices Act (FCPA) , Serious Fraud Office (SFO) , UK , UK Bribery Act , White Collar Crimes

Airbus Agrees Record-Breaking €3.6 Billion Settlement to Avoid Prosecution

On 31 January 2020, Airbus SE (Airbus) reached final agreements with the French Parquet National Financier (PNF), the U.K.’s Serious Fraud Office (SFO) and the U.S. Department of Justice (DoJ) in order to resolve...more

FCPA Digest - Recent Trends And Patterns In The Enforcement Of The Foreign Corrupt Practices Act - January 2020

In 2019, the overall number of corporate enforcement actions was slightly higher than in 2018, with twenty-five actions brought, compared to twenty-four in 2018. The number of individuals charged, using our parameters,...more

1/7/2020 / Anti-Corruption , Bribery , Compliance , Department of Justice (DOJ) , Enforcement Actions , EU , Foreign Corrupt Practices Act (FCPA) , Serious Fraud Office (SFO) , UK , White Collar Crimes

FCPA Digest - Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act - July 2019

Recent Trends And Patterns In FCPA Enforcement - Although the DOJ and SEC brought a relatively low number of FCPA enforcement actions in the first half of 2019, an unusually large portion of those enforcement actions...more

7/5/2019 / Anti-Bribery , Books & Records , CFTC , Compliance , Corporate Misconduct , Criminal Prosecution , Deferred Prosecution Agreements , Department of Justice (DOJ) , Enforcement Actions , Foreign Corrupt Practices Act (FCPA) , Internal Audit Functions , Internal Controls , Internal Investigations , Non-Prosecution Agreements , Securities and Exchange Commission (SEC) , Serious Fraud Office (SFO) , UK , White Collar Crimes

FCPA Digest 2019 – Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act

The January 2019 FCPA Digest is an invaluable compendium of all FCPA-related developments in 2018, including US foreign bribery proceedings and criminal prosecutions, DOJ foreign bribery civil actions, SEC actions, DOJ...more

1/3/2019 / Bribery , Chief Compliance Officers , Compliance , Department of Justice (DOJ) , Enforcement Actions , Foreign Corrupt Practices Act (FCPA) , Jurisdiction , Kokesh v SEC , Serious Fraud Office (SFO) , Settlement , Subsidiaries , UK , White Collar Crimes , Yates Memorandum

FCPA Digest - Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act - January 2019

INTRODUCTION: RECENT TRENDS AND PATTERNS IN FCPA ENFORCEMENT - Although FCPA enforcement across the 2018 calendar year seemed to ebb and flow, in retrospect the enforcement agencies brought a typical number of enforcement...more

1/3/2019 / Compliance , Corporate Counsel , Criminal Prosecution , Department of Justice (DOJ) , Enforcement Actions , Enforcement Statistics , Foreign Corrupt Practices Act (FCPA) , Jurisdiction , Kokesh v SEC , Legal Advice Privilege , Serious Fraud Office (SFO) , Settlement , Strategic Enforcement Plan , UK , Yates Memorandum