70 results found

Further to our earlier post that the Dutch Public Prosecution Service had brought an appeal seeking to extend an 18-month prison sentence for exporting sanctioned goods to Russia...

The Dutch FIOD has issued a press release announcing raids on business and residential premises and the arrest of two individuals aged 39 and 60.

As reported in our post from June 2024, at that time the Dutch FIOD conducted raids and arrested two individuals suspected of importing...

The Dutch central bank has imposed a significant financial penalty on ABN Amro for failures in its customer due diligence processes, particularly concerning high-risk clients. The investigation revealed critical gaps in the bank's ability to identify and address potential sanctions evasion involving dual-use goods and intermediaries in high-risk jurisdictions.

The Dutch FIOD has issued a press release stating that a 57-year old man has been arrested and that the individual and a company are suspected of exporting US$24 million...

Further to our post of yesterday about an individual sentenced to 32 months for exporting aircraft parts to Russia in breach of EU sanctions, the Rotterdam District court has released a second judgment for the conviction of the company involved.

In connection with the current situation in the Middle East, the Ministry of Foreign Affairs has published a number of sanctions orders in recent months

The Dutch FIOD has issued a press release relating to the arrest of an individual suspected of various offences including unlicensed ‘hawala' banking and breaches of the Dutch Sanctions Law.

The Dutch FIOD has issued a press release regarding the arrest of four individuals and the launch of a criminal investigation into those...

Dutch Customs has launched a major investigation involving raids in Rotterdam and Amsterdam, searches of a container vessel, and the arrest of its captain.

The Nederlandsche Bank (DNB) has issued a press release relating to Erez Corporate Service B.V.

The Dutch FIOD, has issued a press release regarding its arrest of a 32-year old man suspected of violating the Dutch Sanctiewet 1977 through...

Dutch authorities have arrested two individuals and raided a company suspected of circumventing sanctions by providing prohibited IT services and exporting high-tech goods to Russia. The investigation reveals connections between a Dutch company and Russian entities, including sanctioned banks and military equipment manufacturers, with goods allegedly routed through third countries to support Russia's defense industry.

Updated enforcement statistics are being reported (here behind a paywall, and here in summary) for the Dutch Fiscal Intelligence and Investigation Service (FIOD) and from Dutch Customs.

Further to our earlier post, the prosecution trial of Damen Shipping has commenced in the Netherlands.

In view of the continued brutal repression and violation of human rights in Syria, the Council of the European Union has added new restrictive measures against Syria.

On 3 October 2024, the District Court in Rotterdam sentenced an individual to 32 months in jail, as well as confiscation of $8,000 and €250,000 in cash, as well as the forfeiture...

The Hague Court of Appeal has delivered its ruling on an appeal concerning the quantum of confiscation in a 2024 sanctions violation case involving the export of goods to Russian companies. Despite rejecting all defense arguments regarding cost deductions and financial means, the Court unexpectedly reduced the confiscation amount from €298,310 to €250,195 without providing any reasoning or legal basis for the reduction.