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DTSTAMP:20260407T214349Z
DTSTART:20230614T072500Z
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SUMMARY:Panel 6: Mind the gap: increasing interlinkages between internati
 onal sanctions and the fight against corruption
DESCRIPTION:The legal frameworks applicable to corruption and sanctions p
 resent some similarities\, such as their extraterritorial nature\, but a
 lso striking differences. There is no universal convention on sanctions 
 comparable to the United Nations Convention Against Corruption\, however
 \, the regimes have become increasingly linked one to the other:\n• In 2
 021\, the UK adopted its global anti-corruption sanctions regime.\n• Sin
 ce 2022\, US authorities have described sanctions as ‘the new FCPA’.\n• 
 In her 2022 State of the Union address\, the European Commission preside
 nt proposed including corruption in the EU human rights sanctions regime
 \, following the path opened by the Global Magnitsky Act. The draft dire
 ctive on corruption (and related joint communication) further illustrate
 s the new role of the European Union.\n\nToday\, some argue that – given
  that some frozen assets were obtained through corruption – this should 
 be a valid basis for confiscation. At the same time\, the implementation
  of sanctions regime can lead to an increase in corruption.\n\nThe panel
  will explore the various aspects of this complex intermingling and asse
 ss challenges that lie ahead.\n
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