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internationallawsection.org                                                    Thursday, April 18, 2019
The International Law Section Gazette
Section News
Message from ILS Chair Carlos F. Osorio 



Dear ILS Members:

The next few months will be very active in the ILS.  

April: We look forward to seeing you tomorrow, April 19, at the University of Miami for a fantastic event focused on Human Rights issues in Venezuela, Cuba, and Nicaragua.  Over 70 people have so far signed-up and space is limited, so don't delay and register.  The event will be all-day, lunch will be served, and there will be a closing cocktail. For the Conference brochure and registration details please click on the following links:


May:  On May 31, in Panamá, we will have our much-anticipated Conference on Comparative International Law, hosted at the Morgan & Morgan (Panamá) firm.  Conference brochure and registration information to be released by next week.  

June:  We have our Annual Meeting to be held June 26-29 at the Boca Raton Resort and Club.  ILS meetings will be held on June 28th.  More information to follow.   Also, our next edition of the International Law Quarterly is due to be released, and we look forward to that very much. 

Thank you for making this another great ILS year.  More great things are to come.

Tomorrow:
ILS Conference on Defending Human Rights

Please join t he Florida Bar International Law Section Standing Committee on Public International Law, Human Rights and Global Justice for its  Conference on Defending Human Rights  at the Newman Alumni Center in Coral Gables on April 19th, 2019 .  The Conference will feature panel discussions on human rights issues facing Venezuela, Cuba and Nicaragua, and examine the commonality of the human experience throughout.  This event will bring to the foreground numerous issues facing these countries and the surrounding regions.  The panelists and keynote speakers consist of active human rights attorneys, professors, and lecturers who are at the helm of emerging international matters, and public figures with vast experience in human rights and policy. For the Conference's agenda, click  here .

TO REGISTER CLICK HERE
2019 Conference on International Law in Panama

The Florida Bar International Law Section is inviting all ILS members to join its Conference on International Law that will take place in Panama City, Panama, on May 31, 2019, hosted by Morgan & Morgan. Stay tuned for more details!


Join the International Law Section 

If you are reading the Gazette, chances are that you are a practitioner or a student with an interest in International Law, one of the most wide-ranging, exciting and challenging legal specialties. Everyone in our field knows how crucial it is to stay on top of diverse and evolving national legal regimes, and at the same time, the difficulty of keeping meticulously up-to-date on developments around the world.

The International Law Section (ILS) of The Florida Bar is here to help you, the practitioner, navigate both the everyday and big-picture challenges of our field. Our Section is your forum to share knowledge and best practices, and to meet and mingle with peers in professional collaborations that can only enhance your grasp of the specialty and your standing among clients and peers.

Let ILS membership assist you in developing a thriving international practice through peer network development that includes important shared learnings and reciprocal referrals of clients and casework.

If your practice transcends borders, join us in making this the authoritative, go-to forum for Florida and the gateway to the region for anyone practicing International Law. Our Section is open to lawyers from other states and countries, full-time faculty at U.S. law schools, and full-time U.S. law students, all of whom may participate as associate members.


If you are already a member and would like to share your professional achievements with the ILS network, please submit all relevant information to Davide Macelloni, Editor of the ILS Gazette.

International Law Quarterly - Call for Articles

The editorial board of the International Law Quarterly is now requesting articles and proposals for the  Spring 2019 ILQ to be released before (and highlighted at) The Florida Bar annual convention in June.  Although proposals will be considered on any relevant international topic, the Spring ILQ will focus on  "International Cross-Border Investing."  We hope to have articles on a variety of topics, such as tax implications of cross-border investments, ICSID issues and recent cases, energy/infrastructure projects, pre-immigration tax planning, Brexit impact in UK and EU, investment in Cuba, and much more.  But we need your help to make this edition of the ILQ a success.
 
Drafts will be due from authors by early April 2019.  Please send your article proposals to Ana Barton ( abarton@reedsmith.com) and Laura Reich ( laura@reichrodriguez.com) as soon as possible. 
Upcoming CLE Events

The Florida Bar International Law Section is proud to offer the following CLE events, which will be held in webinar form. The CLE webinars will include a wide variety of topics, from FIFA Transfer Rules and the Court of Arbitration for Sport to Key changes in EU General Data Protection. To get further information or to sign up click on the webinar links below:





From our Members
Standard Chartered to Pay $1.1 Billion for Violations of Economic Sanctions

By Richard Montes De Oca* and Priscila Bandeira**

On April 9, 2019, the United States Department of Justice (DOJ) announced that a British bank, Standard  Chartered (SCB), admitted to illegally processing transactions in violation of economic sanctions and related  regulations. SCB agreed to pay a total of $1.1 billion in fines to the U.S. and British authorities, which included  settlements with the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), the Board of  Governors of the Federal Reserve System (the Federal Reserve), the New York State Department of Financial  Services (DFS), and the United Kingdom's Financial Conduct Authority (FCA).

The authorities said that SCB processed 9,500 financial transactions worth $240 million through U.S. financial  institutions from countries barred from participating in the U.S. financial system, including Cuba, Iran, Sudan  and Syria. The transactions originated from London and Dubai, and were sent to SCB's offices in New York  between 2007 and 2011.

This is not the first time SCB is penalized for violating economic sanctions. In 2012, the bank paid $330 million  for carrying out unlawful transactions for Iran from 2001 through 2007. However, the DOJ has recognized that,  since 2013, SCB has remediated the violations through a "comprehensive enhancement of its U.S. economic  sanctions compliance program and significant improvements to its financial crime compliance program." 

The Assistant Attorney General Brian A. Benckowski, of the Justice Department's Criminal Division, said that  "when a global bank processes transactions through the U.S. financial system, its compliance program must  be up to the task of detecting and preventing sanctions violations-and when it is not, banks have an obligation  to identify, report, and remediate any shortcomings. The Justice Department is committed to protecting our  U.S. financial system and will continue to hold financial institutions and individuals to account when they  violate U.S. sanctions laws."

It is critical for financial institutions and other companies subject to sanctions regulations, to continuously  assess and update their Compliance Programs to mitigate regulatory risks, prevent violations, and avoid serious  fines.


*Richard Montes De Oca is Managing Partner at MDO Partners, a boutique law firm that focuses on Corporate, International, and Real Estate Law, as well as Global Compliance and Business Ethics.

**Priscila Bandeira is a Global Compliance and Corporate Law Associate Counsel at MDO Partners, where she assists clients with corporate governance documentation, corporate formation, and international transactions. A graduate of the J.D./L.LM. Joint Program at the University of Miami, Ms. Bandeira is also registered with the Brazilian Bar.




Upcoming Events
April 19, 2019
The Florida Bar International Law Section Standing Committee on Public International Law, Human Rights and Global Justice presents its Conference on Defending Human Rights  at the Newman Alumni Center in Coral Gables on April 19th, 2019 from 7:00AM to 5:00PM .  The Conference features panel discussions on human rights issues facing Venezuela, Cuba and Nicaragua, and seeks to examine the commonality of the human experience throughout.  This event will bring to the foreground numerous issues facing these countries and the surrounding regions.  The panelists and keynote speakers consist of active human rights attorneys, professors and lecturers who at the helm of emerging international matters, and public figures with vast experience in human rights and policy. For the event's agenda, click here .

April 28-30, 2019
The North American Branch of the Chartered Institute of Arbitrators will hold its Accelerated Route to Fellowship Program in International Arbitration in Miami, Florida.

The Chartered Institute of Arbitrators ("CIArb") is offering joint three-day international arbitration training and qualification program, leading to CIArb's prestigious Fellow status. The three-day Accelerated Route to Fellowship program will take place at JAMS in Miami, FL, April 28-30, 2019.  The program designed for senior practitioners in the field of dispute resolution. Fellowship is the highest grade of CIArb membership and allows the use of the designation FCIArb. For additional information and conference program, click here

September 3-7, 2019
The 57th International Young Lawyers' Congress of the Association Internationale des Jeunes Avocats - International Association of Young Lawyers  will take place in Rome. The event will be an opportunity to network and learn with a focus on "Sustainability and the Law. Planet. People. Future." For more information or to register, please  refer to the event's website .

September 22-27, 2019
The International Bar Association invites all members to attend its 2019 annual conference, which will be held in Seoul, South Korea, a thriving metropolis that mixes the traditional with the modern - from skyscrapers, high-tech subways, K-pop culture and K-beauty to Buddhist temples, palaces and street markets and a history going back 5,000 years. For more information or to register, please refer to the event's website.




Winter 2019 ILQ
International Law Quarterly: Winter 2019

The new issue of the International Law Quarterly - Focus on International Human Rights is now available. Click on the image below to download.


Visit our Sponsors                                             
ILS thanks its sponsors 
 

In light of what we accomplished this past year, we hope you will continue to support the Section as a sponsor. In 2017-2018, various firms, companies and suppliers sponsored the Section. 

We look forward to another year of innovative programs where we can advance international law and further promote our sponsors. To learn more, read the Section's sponsorship package. You can also c ontact our Treasurer, James Meyer at jmeyer@harpermeyer.com  for more details.

  Become a Sponsor for the 2018-2019 Cycle
The ILS Gazette


Chair: Carlos F. Osorio
Immediate Past Chair: Arnoldo B. Lacayo
Chair-Elect:  Clarissa Rodriguez
Secretary:  Robert J. Becerra
Treasurer: James Meyer