- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The U.K. Serious Fraud Office announced Oct. 3 that it has issued a claim for civil recovery in the High Court under Part 5 of the Proceeds of Crime Act 2002.
The claim concerns a number of assets, including three U.K. properties, that the SFO alleges were obtained using the proceeds of corrupt deals in Uzbekistan involving Gulnara Karimova and Rustam Madumarov.
The SFO said a directions hearing will be listed in due course.
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Big Tech firms may have to rethink their plans to charge users for not selling their personal data for behavioral advertising following a decision by Europe’s main data regulator.
The implications of a privacy rights case involving a U.K.-based Uber Eats driver underscore a popular belief that companies prioritize protecting the personal information of their customers over the data rights of their employees.
The U.S. Treasury Department, in coordination with the United Kingdom, is clamping down harder on Russia’s ability to wage war against Ukraine by banning the import of Russian-origin aluminum, copper, and nickel.
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