On February 1, 2019, the Office of Foreign Assets Control (“OFAC”) issued new regulations in connection with the January 28, 2019 designation of Petróleos de Venezuela, S.A. (“PDVSA”) and of any entity in which PDVSA owns, directly or indirectly, a 50 percent or greater interest, such as Alba de Nicaragua S.A. (“ALBANISA”)…
On January 28, 2019, President Donald J. Trump issued a new Executive Order (the “E.O.”) amending E.Os 13808, 13827, 13835, and 13850
Robert Targ, speaker at the Bankers Association of Central and Eastern Europe 6th Anti-Money Laundering and Compliance Conference
Founding Partner Robert Targ attended the Bankers Association of Central and Eastern Europe (BACEE) 6th Anti-Money Laundering and Compliance Conference in Bratislava, Slovakia…
On November 1, 2018 President Donald J. Trump issued a new Executive Order (the “E.O.”) blocking all property and interests in property of any person determined by the Secretary of the Treasury, in consultation with the Secretary of State
In its recent and widely publicized opinion in United States v. Hoskins, the United States Court of Appeals for the Second Circuit (New York) held that criminal liability under the FCPA should not apply to a nonresident foreigner if the crime was not committed within the U.S. and the individual was not an officer, director, employee, or stockholder of an American company, or otherwise had no agency relationship with a U.S. person…
On September 24, 2018, the European Union (“E.U.”) announced that the E.U., Russia, and China agreed to implement a mechanism called the “Special Purpose Vehicle” (“SPV”) to allow European companies to transact with Iran while avoiding sanctions from the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”).
On September 20, 2018, President Donald J. Trump issued Executive Order 13849 (“E.O.”), “Authorizing the Implementation of Certain Sanctions Set Forth in the Countering America’s Adversaries Through Sanctions Act [CAATSA].”
Díaz Reus celebró su primer Retiro Internacional de Socios en Cartagena de Indias (Colombia), con abogados de sus 23 oficinas a nivel mundial.
Diaz Reus held its first international Partners’ Retreat in Cartagena de Indias (Colombia), with attorneys from its 23 offices worldwide.
El 7 de septiembre de 2018, la Red de Control de Crímenes Financieros (“FinCEN”) estableció una excepción a las obligaciones que tienen los bancos, los comerciantes o corredores de valores, los fondos de inversión, los intermediarios comisionistas de futuros y los agentes de introducción en mercancías, bajo la Regla del Beneficiario Final.
On September 7, 2018, the Financial Crimes Enforcement Network (“FinCEN”) established an exception to the obligations that banks, brokers or dealers in securities, mutual funds, futures commission merchants, and introducing brokers in commodities have under the Beneficial Ownership Rule.
Robert Targ attends the International Symposium On Economic Crime at the University of Cambridge, UK
Diaz Reus Founding Partner Robert I. Targ attended the annual International Symposium On Economic Crime at Jesus College, University of Cambridge, in England. This is the ninth consecutive year he has attended this prestigious event.