September 25, 2019 By: Natasha Bright , Legal Content, ACSS
The Association of Certified Sanctions Specialists recently spoke with Oliver Bullough, an award-winning journalist and author from Wales who specializes in writing about the former Soviet Union and financial crime. His most recent book is Moneyland, a history and exploration of kleptocracy, and how it is enabled by Western professionals. (more…)
2017 Magnitsky Act and Other Global Initiatives Underscore Vital Importance of Corruption Perception Index in Risk Assessment
March 12, 2018
By: Anna Sayre, Legal Content Writer SanctionsAlert.com
Though the use of sanctions as an international means for deterring global corruption is not a novel concept, the consequence shave become broader than ever before and can expose a business to a number of risks and business disruptions.
Since last year, a number of new sanctions initiatives have been imposed that specifically target corrupt officials and practices.The 2017 U.S. Global Magnitsky Act, and equivalent regimes in Canada and the U.K, targets corrupt conduct by government officials regardless of where they are located in the world.Similarly – though not globally imposed - countries such as Syria (E.O. 13460), Zimbabwe (E.O. 13469), and most recently Venezuela (E.O.13692), have also targeted various individuals due to human rights violations as well as the presence of significant public corruption. (more…)