Râmachandra OS

Ce serait comique, si ce n’était pas tragique.

Not to mention the cleavage in public opinion, so many clues that betray a conception that has not yet progressed enough regarding seriousness of financial crime.

The consequences of this decision, death threats faced by juges, minimization of the facts by the political class, the questioning of the independence of justice, demonstrate once again how difficult a certain type of criminality is to prosecute.

I am currently reading a PhD dissertation written in the 1950s, at a time when entire passages could be in Latin without any translation needed. O tempora, o mores, my memories of the Latin version are far from sufficient for that.

These decisions recognize the effectiveness of the personal immunity of Heads of State during their mandate, even regarding international crimes but rule out any possibility of functional immunity for these same facts. So, former heads of state can be prosecuted abroad for international crimes.

Landmark rulings issued by the French Cour de cassation regarding scope of criminal immunity of leaders and agents of foreign States.

The umpire warning the crowd not to pop the cork onto the court while opening their champagne bottles is so Wimbledon 😂

The shortsightedness of EU officials is really appalling here. There’s an actual lack of anticipation on potential drawbacks of this so-called simplification. Omnibus could possibly not pass proportionality and necessity test and create more legal uncertainty, contrary to the claimed goal.

Effective measures imply compliance obligations in a risk mitigation perspective and also - and above all - criminal enforcement to drastically deter such behaviours, especially through asset recovery and confiscation.

Considering growing interaction between organised crime and financial criminality, a useful fight against the first phenomenon implies effective measures to tackle the second.

I spoke this week at the Modern Slavery and Human Trafficking Conference organized jointly by University of Derby and INTERPOL.

I discussed connection between money laundering and human trafficking and to what extent AML measures are, if effective, at least useful tools to tackle this phenomenon.

If you’re interested in the fight against human trafficking and modern slavery, it is still time to register to this promising conference. Many stimulating contributions from great speakers scheduled. I will address this topic in conjunction with anti money laundering. More information there ⤵️

I will deliver an intervention addressing the significant interaction between money laundering, on the one hand, and human trafficking and modern slavery, on the other.

This international and inter-institutional conference, organised in association with INTERPOL and in partnership with Università Cattolica del Sacro Cuore and Portsmouth University, aims to explore, discuss and investigate the phenomena of modern slavery and human trafficking.

For those interesting in fight against human trafficking and modern slavery : on June 3rd, University of Derby will host an online conference.

Free registration no later than 30 May by completing the following online form: lnkd.in/dJvyqYkT.

Il y a une place spéciale en enfer pour les gens qui font « répondre à tous » quand ils envoient un mail. De même pour ceux qui continuent à répondre dans la chaîne de mail en ne retirant pas tous les autres destinataires en copie.

Almost 8k followers here, out of nowhere. This is huge and insane 😅

Nonetheless, welcome everybody. As mentioned, you’ll mainly read here about legal stuff. I post in English and French and generally about my research in financial crime & my interests (law, justice, economy, politics...).

Et sur ce dossier en particulier, difficile d’être optimiste quand on connaît les racines et l’historique du conflit. Le risque d’escalade est réel.

C’est tout ce qu’il nous manquait … un affrontement direct entre deux puissances nucléaires 🙃

Relatively discreet on this network lately but I am currently very busy with legislation about seizures and confiscations in criminal matters, on the one hand, and preparing my course on CSR, on the other. And actually it’s quite welcomed considering the not so cheerful news worldwide.

Beautiful spring sunset in Paris 🌅

Rappelons que le parquet a fait appel dans son dossier et qu’une procédure est toujours pendante devant la Cour.

Ajoutons qu’il serait de bon ton que le Président, garant de l’indépendance de l’autorité judiciaire, en vertu de la Constitution, en fasse un utile rappel à son Premier ministre.

I’m reading a lot about money laundering and cryptos these days, the issues raised are huge but it is - intellectually speaking - fascinating.

Says the VP of a country that owes its independence to France

Commission proposes to cut red tape and simplify business environment Commission proposes Omnibus package of measures to simplify the EU’s business environment to help it innovate, keep competitive and sustainable. Find out more.

The EU Commission has published its Omnibus proposals to “simplify business environment”. It’s a methodical dismantling of the EU Green deal. This so-called “simplification” is actually a thorough deregulation.
commission.europa.eu/news/commiss...

*legitimation of course, not legitimisation 🤦‍♂️

The German elections have produced a clear result: Friedrich Merz will govern with a majority of CDU, CSU and SPD. The not-so-grand coalition plus the Greens are 7 seats short of a 2/3 majority to change the debt brake in the constitution or to add a new special purpose vehible.

So what now?

I’ve just read @annmlipton.bsky.social paper on legitimization of shareholder primacy. Brilliant contribution on the increasing politicization of corporate governance and the challenge it raises for corporate law. Enriching analyses even beyond Delaware. papers.ssrn.com/sol3/papers....

Leur abstention était très stratégique, ils ont tout intérêt à affaiblir le CC

Par ailleurs, le fossé qui sépare la qualité des questions à l’Assemblée nationale et au Sénat est abyssal.