ICC FraudNet

Great morning session hosted yesterday by Primerio together with our partners Corporate Counsel Association of South Africa (CCASA) Jack Hammer (Advaita Naidoo) TRADAM TRANSFORMATION SOLUTIONS DGD Group SilverCrest Insurance Brokers and Joburgstyle Media House in which a diverse group of speakers came together to discuss “Demystifying Governance, Risk and Compliance”. After John Oxenham set the scene discussing the manner in which global GRC trends are either impacting or being adopted in South Africa, the panels were designed to provide crisp and practical updates and guidance on how best to deal with GRC issues. One of the enlightening themes of the sessions was despite lots of debates around the policy choices taken (and such debates should continue to ensure a fit for purpose regulatory framework), adopting a proactive and sustainable approach to GRC issues can increase a company’s bottom line. This does require a mind set change as GRC is all too often viewed as an administrative and costly distraction to commercial objectives. In the context of deal making, one of my key points to get across is the importance of legal, compliance and local business teams getting together as early on in the process to identify the requirements and possible solutions. This is so particularly in international deals where the deal team is often unaware of the regulatory and political environment in South Africa (particularly in relation to transformation and empowerment obligations). To achieve commercially orientated solutions, one must know what is happening (and what can happen) on the ground. Often pragmatic and palatable solutions are achievable but if deal makers leave it to late in the day, it places significant pressure on the deal. To often local business teams are dealt with on a need to know basis. Thank you to Nick and Megan Friday and the team for all the work in getting the event up and running and great to see other Primerio colleagues Stephany Torres and Joshua Eveleigh moderate their panels so eloquently. Alison Lee, thank you as always for your support and bringing not only good advice to your panels but a high degree of humour as well.

Law Gazette feature: - first case of its kind - legal victory in Crypto Fraud recovery. This week's Law Society Gazette features an article relating to an EMM case, in collaboration with Grant Thornton UK , 5 St Andrew's Hill and law enforcement, which resulted in the full recovery of £520,000 for a victim of a sophisticated crypto scam. In what is believed to be the first case of its kind, we successfully utilised the newly enacted section 303Z51 of the Proceeds of Crime Act 2002 (POCA) to secure the full recovery of the victim's funds. Through expert collaboration between the private and public sectors, we were able to trace the assets and ensure they were returned to their rightful owner. Marking a significant step in the fight against crypto fraud, and with the right combination of legal expertise, victims of crypto frauds can reclaim their stolen assets. To read the details on how this recovery was achieved, click here: https://lnkd.in/erkBrGCk or here: https://lnkd.in/e3VH2TzF #cryptorecovery #fraud #crypto

OffshoreAlert Miami 2025 is almost here! Join us and top experts in asset recovery & financial intelligence at this must-attend event, taking place from 27 - 29 April, 2025. As a proud supporter, we’re excited to see several of our members and strategic partners take the stage: 🔹Andy Liao – Intelligence Briefing: China 🔹Edward H. Davis, Jr. – Latin American Investigations & Asset Recovery 🔹Glenn Pomerantz, CPA, CFE – Whistleblowing Guide: Crypto, Tax & Other Types of Fraud 🔹Javier Alvarez – All Things Crypto: Adoption, Regulation, Management, Investigations & Recovery 🔹Martin Kenney – Intelligence Briefing: British Virgin Islands With many ICC FraudNet members attending, this is a fantastic opportunity to connect with global specialists in fraud investigation and asset recovery. If you are thinking to attend, take advantage of our exclusive discount and register at a reduced rate. 🔗 Event & Discount Info: https://lnkd.in/ezVwtf9N #FraudNet #AssetRecovery #FinancialIntelligence #OffshoreAlert #Networking #FraudInvestigation #Miami2025 ★ BDO ★ BDO USA ★ Sequor Law ★ MKS Law ★ Han Kun Law Offices ★

Congratulations to Sequor Law Founding Shareholder, Edward H. Davis, Jr., on once again receiving the prestigious AV Preeminent® rating from Martindale-Hubbell! First awarded this distinction in 2021, Ed has consistently maintained this top ranking, a testament to his unwavering commitment to excellence in legal ability and ethical standards.

Join us at the 19th Annual Economic Sanctions Enforcement & Compliance Conference on April 30 – May 1, 2025 in Washington, DC. Stay ahead of key sanctions developments and network with over 250 global legal and compliance professionals. This year’s agenda covers: ✅ Sanctions Policy Under the Trump Administration ✅ Key Updates on China, Russia, the Middle East & Latin America ✅ Export Controls & Enforcement Trends ✅ Navigating U.S., EU & UK Sanctions Conflicts 📢 ICC FraudNet Exclusive: Save 10% with code D10-999-ICCFN25 🔗 Register now: https://lnkd.in/epsjVz7x #SanctionsCompliance #EconomicSanctions #LegalConference #FraudNet

We were delighted to host our annual Asset Recovery and Fraud Dinner on Thursday 13 March at restaurant El Faro, right after the first Geneva International Legal Week 2025 #GILW2025 and during the C5 Communications Fraud Asset Tracing & Recovery Geneva Conference. Thank you to all our friends and colleagues who attended. #FraudGeneva25 #C5Conferences #AssetRecovery #AssetTracing #Fraud

Take a look at my article titled ARE INVESTOR-STATE DISPUTES AFFECTING FOREIGN DIRECT INVESTMENT INTO LATIN AMERICA? published in Corporate Disputes Magazine. It summarizes many of the points of my ongoing research as a Senior Fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School, Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School Harvard University. The article is available here: https://lnkd.in/edNkzgJN Thanks to David Grigorian, Ali Aanish Rehman and Itsuki Nishizawa for their valuable input, to Professors Mark Wu, John Haigh and Richard Zeckhauser and to Dan Murphy for their guidance and support.

We are delighted to welcome Olga Bischof, Partner at PCB Byrne LLP, who recently joined the network as an ICC FraudNet Future member. Olga specialises in commercial litigation and arbitration, with a strong focus on complex fraud cases. She has represented clients in disputes across all divisions of the High Court, the Court of Appeal, and major arbitration institutions. With extensive experience litigating in offshore jurisdictions such as the British Virgin Islands and Cyprus, Olga is a key player in high-stakes international disputes. Ranked in the Legal 500 since 2016, she has been praised as “a brilliant and dynamic lawyer. A go-to partner for bringing or defending a civil fraud claim.” Olga shares her excitement about joining the network "I am very excited to be a member of ICC FraudNet Future. I look forward to meeting the other members and working together!" We look forward to her contributions and collaboration within our global network. #ICCFraudNet #FraudNetFuture #AssetRecovery #FraudPrevention #CommercialLitigation #Legal500

AND THAT’S ANOTHER WRAP! Great reaction to the Martin Kenney-moderated panel on “Making or Breaking an Asset Recovery Case”, at C5 Communications Fraud Geneva conference. Great contributions too from Aimee Prieto of Prieto Cabrera & Asociados SRL, Fabio Trevisan of BSP, Daniel Zappelli of VZ Lawyers and Andrew McLeod of One Essex Court. Thank you to C5, Lanny Morris, Bobby Swartout, fellow ICC FraudNet members, and all others we’ve met here. #assetrecovery #fraud #mkslaw #fraudgeneva

Singapore Court of Appeal provides critical guidance on the Centre of Main Interests (COMI) presumption under the UNCITRAL Model Law on Cross-Border Insolvency, reaffirming that the presumption remains the starting point, with challengers bearing the burden of displacing it with sufficient contrary evidence. The Court also took a firm stance on bad faith and material non-disclosure, clarifying that these can engage the public policy exception under Article 6 Model Law. This approach goes further than US jurisprudence A privilege for the Setia Law LLC team to have represented the liquidators in this landmark decision. Well done to Wern-Jhien Yam and Ian Mah. #insolvency #restructuring #liquidation #bankruptcy #assetrecovery #crossborder