Publication
Navigating international trade and tariffs
Impacts of evolving trade regulations and compliance risks
Compliance Quarterly Türkiye
Anti-bribery and corruption
Authors:
Global | Publication | August 2024
Global
Failure to prevent fraud: What to do now? Part 2: Policies and procedures
Our regulation and investigations team has published the second article in their series on how companies will need to implement “reasonable procedures” to prevent fraud.
Read the full Inside Disputes blog, "Failure to prevent fraud: What to do now? Part 2: Policies and procedures."
Türkiye
Sanctions are imposed on Israel by Türkiye
In April 2024, the Republic of Türkiye has imposed sanctions on Israel, banning the export of 54 product groups (identified for potential military use) in response to Israel’s failure to comply with the binding decisions of the United Nations Security Council and the International Court of Justice. A month later, Türkiye announced that they extended the trade ban on Israel to an exportation and importation restriction covering all products.
While specific penalties for non-compliance have not been specified, it has been reported that in practice no products coming from Israel or destined for Israel are processed at Turkish customs. The penalties for and requirements arising from the non-compliance are expected to be announced shortly.
Recent publications
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Spotlight on sanctions: Enforcement, judicial developments and policy shifts
As the UK’s Office of Financial Sanctions Implementation (OFSI) proposes reforms to its civil enforcement processes for financial sanctions and geopolitical developments impacting sanctions regimes continue at pace, sanctions remain a key area of focus not only for UK regulators in the context of enforcement, but also in a number of cases before the English Courts.
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Protecting our blue planet and the world’s life support system: Key takeaways from the United Nations Ocean Conference
The ocean is the world’s life support system and our greatest ally in our defence against climate change impacts. As eloquently described at the 2022 United Nations Ocean Conference.
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