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Enforcement International Trade Anti-Money Laundering

HaystackID

Tariff Evasion is the New Money Laundering: AI and AML Strategies for Global Trade Integrity

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Tariff evasion is the new money laundering. As global commerce evolves, this emerging reality poses a critical concern for economic stability and corporate competitiveness. Just as money laundering once exploited banking...more

Womble Bond Dickinson

Bridging the Gap: Applying Anti-Money Laundering Techniques and AI to Combat Tariff Evasion

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In today's global economy, characterized by complex supply chains and escalating trade tensions, tariff evasion has emerged as a significant threat to economic stability, fair competition, and government revenue. Traditional...more

Foley & Lardner LLP

International Trade, Enforcement & Compliance Recent Developments Update (October 25, 2023)

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A veritable grab bag of international trade developments to parse this week. Recent developments include increasing FCPA enforcement, a record OFAC economic sanctions penalty, and a large customs penalty for willful failure...more

Foley & Lardner LLP

International Trade, Enforcement & Compliance Recent Developments Update (June 7, 2023)

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Did you read this week’s article on supply chain integrity? If so, you won’t be surprised to see this week’s International Trade update includes a timely reminder regarding avoiding the use of forced labor in its supply...more

Foley & Lardner LLP

International Trade, Enforcement & Compliance Recent Developments Update

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Recent developments include the U.S. government using novel legal theories to expand jurisdiction over banking activities outside the United States, the imposition of hundreds of millions of dollars of penalties on companies...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Expands Prohibitions on Providing Services to Russian Entities and Adds Investment Restrictions

On 15 December 2022 the United Kingdom announced its latest expansion of sanctions against Russia. New prohibitions were added relating to trust services, and professional and business services, and existing restrictions...more

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