{"id":651,"date":"2018-08-27T21:35:07","date_gmt":"2018-08-27T21:35:07","guid":{"rendered":"http:\/\/ielrblog.com\/?p=651"},"modified":"2018-08-27T21:35:13","modified_gmt":"2018-08-27T21:35:13","slug":"increasing-criminal-risks-of-intermediaries-for-cross-border-financial-crimes-sept-10-webinar-by-bruce-zagaris-12-pm-est-grc-educators","status":"publish","type":"post","link":"https:\/\/ielrblog.com\/index.php\/2018\/08\/27\/increasing-criminal-risks-of-intermediaries-for-cross-border-financial-crimes-sept-10-webinar-by-bruce-zagaris-12-pm-est-grc-educators\/","title":{"rendered":"INCREASING CRIMINAL RISKS OF INTERMEDIARIES FOR CROSS-BORDER FINANCIAL CRIMES: Sept. 10 Webinar, by Bruce Zagaris, 12 PM EST GRC Educators"},"content":{"rendered":"\n

For more information on this webinar, please visit see:\u00a0<\/em>https:\/\/www.grceducators.com\/Increasing-Criminal-Risks-of-Intermediaries-for-Cross-Border-Financial-Crimes<\/a>.<\/p>\n\n\n\n

In the last couple of decades, the world has experienced growing prosecutions of intermediaries for cross-border financial crimes. A U.S. bank was convicted by a Spanish court for moving money in the Pinochet criminal investigation instead of freezing it. The U.S. and State of New York have brought criminal cases against banks for a variety of financial crimes, especially economic sanctions. The U.S. DOJ has had an Offshore Voluntary Disclosure Program for Swiss Banks. The UK Criminal Finance Act of 2017 makes foreign enablers liable for failing to prevent UK tax evasion. The OECD requires tax authorities enforcing the Common Reporting Standard to make intermediaries liable for circumventing the rules. An EU directive requires reporting of aggressive offshore cross-border tax schemes. Increasingly, law enforcement agencies, whether anti-trust, tax, and\/or securities enforcement, are entering into new formal and informal enforcement cooperation agreements. Governments and courts increasingly make the liability of entities and executives dependent on prevention and post-conviction monitorships. International organizations and informal groups, such as FATF, the G20, the G7, and the FSF continue to promulgate new due diligence and enforcement requirements for governments.<\/p>\n\n\n\n

Please join Bruce Zagaris, Esq., Berliner Corcoran & Rowe LLP, adjunct professor, Texas A&M Law Faculty, author of INTERNATIONAL WHITE COLLAR CRIME: CASES AND MATERIALS (Cambridge U. Press, 2d ed., 2015 ), and editor of the International Enforcement Law Reporter (www.ielr.com) for a discussion of the increasing criminal and enforcement risks of intermediaries, including financial institutions and lawyers, for cross-border crimes.<\/p>\n\n\n\n

The program will discuss:<\/p>\n\n\n\n