Binance’s Post

💼 Foreign companies in the #PacificIslands have increased their involvement across sectors, with legitimate businesses often coexisting with illicit activities, posing challenges for local governance. 💴 These businesses, mainly of Asian origin, exploit lax regulations and corrupt partnerships to boost profits through illicit means – and they also benefit from political connections. 📚 Read the latest installment of the series on Transnational Organized Crime and the Pacific Islands by Virginia Comolli: https://buff.ly/48QOXzB

🏝 Pleased to release the latest report in our new series on Transnational #OrganizedCrime and the #PacificIslands. 🏝 This time we look at a whole array of foreign companies and entrepreneurs running both legitimate businesses and illicit activities. Besides from the obvious money laundering, tax evasion and other financial crimes, it is striking to observe the extent to which many of these operations are linked to significant human exploitation and environmental degradation. 

Brilliant thought provoking insight into the more covert working of international trade and social and environmental implications.

The Facts and Norms Institute has provided detailed feedback on the United Nations Draft Monitoring & Impact Assessment Tool for unilateral sanctions, leveraging its expertise in human rights research. This tool, developed in response to the growing use of sanctions and their complex effects on human rights, aims to offer a systematic way to assess these impacts. Contributing to this endeavor, the Institute, through representatives Leonel Lisboa and Henrique Napoleão Alves, has proposed several enhancements to the tool, stressing the importance of inclusivity, comprehensiveness, and evidence-based approaches. Their suggestions include a stronger emphasis on diverse perspectives, particularly from marginalized groups, and the inclusion of additional principles such as transparency, collaboration, and accountability. https://lnkd.in/dX3kuBSe

Following the recent developments involving the United States of America and South Africa, I found myself itching to explore the subject of unilateral coercive measures (more commonly known as sanctions). In my next article, I shall dig deep into the technical aspects of sanctions in international law and their impact on the enjoyment of human rights in sanctioned states. The article shall be available for reading here on LinkedIn, and on my blog site. https://lnkd.in/dHxni3BR Enjoy the rest of your week, colleagues!

📺 Missed our recent panel discussion on secondary #sanctions? It’s now available on YouTube! 💭 What are secondary sanctions, and how do powerful states and economic blocs use them as foreign policy tools? Are they even legal? This insightful event unpacked complex legal questions surrounding secondary sanctions and state responses to them, featuring cases like #Russia and #Iran. ➡️ Dive into one of the most pressing #internationallaw topics today and watch the recording now! https://lnkd.in/ej9tGk-S #intlaw #ForeignPolicy #geopolitics #EU #internationalrelations

On October 10, 2023, the Facts and Norms Institute (FNI) submitted a written feedback to the UN Special Rapporteur on the negative impact of unilateral coercive measures on the enjoyment of human rights — a thorough analysis with suggestions about how to assess the human rights impacts of unilateral sanctions. FNI's researchers Leonel Lisboa and Henrique Napoleão Alves underscored the necessity for inclusivity, evidence-based approaches, and the consideration of sanctions' long-term effects on marginalized communities and sustainable development. On October 24, 2023, FNI has been extended an invitation to participate in a pivotal United Nations consultation. The session, focusing on the development of guiding principles on unilateral sanctions, over-compliance, and human rights, recognized the Institute's previous feedback to the UN. https://lnkd.in/dCgddgkv #InternationalLaw #PublicInternationalLaw #UNSpecialProcedures #SpecialProcedures #InternationalHumanRightsLaw #FNI #FactsAndNorms #IHRL #UN #UnitedNations #HumanRights #Sanctions #UnilateralSanctions

A topic the EU needs to be discussing.

Tomorrow the conference on sanctions, business and human rights will start in Geneva at 3 levels: high level, humanitarian actors, lawyers and scholars. I am looking forwards the intensive discussion. And proposals how to improve drafts of the GPs and the commentary. The program of the conference is below https://lnkd.in/dQn_KBmt

Explore the focus of the upcoming EU 14th package of sanctions and what to expect from this in our latest insight: https://lseg.group/3RtlzJM