The EU Commission proposed the revised AMLD in July 2016 as part of its Action Plan against terrorism announced in February 2016, after the attacks in Paris and Brussels, and as a reaction to the Panama Papers published in April 2016.
Lisa Osofsky will be the new Director of the Serious Fraud Office (SFO), taking over from David Green CB QC. Mark Thompson (the SFO's current Chief Operating Officer) is filling the role on an interim basis before Ms Osofsky takes up the position full time on 3 September 2018.
The UK High Court adjudicated on the matter of "defective" hip implants. In doing so the High Court took a strict, and arguably more manufacturer friendly, approach.
The European Commission has started the process by which it would add US sanctions measures on Iran to the so-called Blocking Regulation.
The long-awaited Criminal Justice Bill 2017 is on its way. The new “failure to supervise” offence has survived intact despite several significant changes.
The European Commission has determined that, in broad terms, the Product Liability Directive, which has been in place for over 30 years, is still fit for purpose but requires further work.
The Russian government is preparing to introduce new counter-measures in response to US and EU sanctions. and filed a draft bill envisaging criminal liability for complying with Western sanctions.
The Council of Ministers recently approved Draft law n.º 67/2018 that will ensure the implementation of the GDPR in Portugal.
The Spanish Ministry of Justice issued Ministerial Order 319/2018 which requires Spanish non-listed companies to disclose their ultimate beneficial owners to the Companies Registry and keep said information updated.
Significant progress has been made over the past 11 months to bridge the differences between Japan's privacy protection requirements under the Act on the Protection of Personal Information and those of the EU under the GDPR.