Publication
2nd Circuit defers to executive will on application of sovereign immunity
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
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
Publication
Key takeaways from the G7 Competition Summit on Artificial Intelligence
Facing the fast-growing development of AI across the globe, particularly Generative AI (GenAI), the G7 competition authorities and policymakers (Canada, France, Germany, Japan, Italy, the UK and the US) and the European Commission met in Italy on 3-4 October 2024 to discuss the main competition challenges raised by these new technologies in digital markets.
Subscribe and stay up to date with the latest legal news, information and events . . .