O’Melveny writes chapter on sanctions in “Serious Economic Crime” book published under the auspices of the Serious Fraud Office

January 19, 2012
O’Melveny & Myers LLP has contributed a chapter to Serious Economic Crime, published recently by White Page Ltd. in association with the UK’s Serious Fraud Office. The book, intended as a "boardroom guide to prevention and compliance," is a vital commentary for company directors and managers of global businesses on the impact of economic sanctions, anti-corruption, and anti-fraud law on their business. The O’Melveny chapter, “Economic sanctions laws: the European Union and the United States,” is available here

The publication comes at a time of dramatic expansion in the scope and severity of economic sanctions following the wave of political disturbances and crackdowns that have roiled antidemocratic regimes around the world. 

The O’Melveny chapter is coauthored by Partner Greta Lichtenbaum (Washington, D.C.), Counsel James Barratt (London), and Associate Hayley Ichilcik (London). The chapter analyzes the response of the European Union and the United States to unrest in the Middle East, including recent political developments in Libya, Syria, and Iran, and the resulting sanctions on those regimes, as well as the implications for global businesses. The chapter offers similar assessments of sanctions imposed by the European Union and the United States on Myanmar/Burma, North Korea, Sudan, and Cuba.

The chapter also highlights enforcement efforts that have forced financial institutions in both regions to forfeit billions of dollars in assets and pay significant fines.

O’Melveny has extensive experience in international litigation and cross-border investigations. The firm’s knowledge of these complex areas, together with the geographical reach of its offices and practitioners, made it well suited to contribute to Serious Economic Crime’s publication.

The book was launched at an event at London’s Lincoln Inn attended by the Serious Fraud Office’s Director, Richard Alderman, who wrote the forward.

Should you wish to obtain a hard copy of the book, please contact Mary Stahl at mstahl@omm.com. Limited availability.

About O’Melveny & Myers LLP
With approximately 800 lawyers in 15 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.