European Union: White Collar Crime, Anti-Corruption & Fraud

Luxembourg's Finance Ministry has launched an investigation into former Gazprombank Luxembourg managers over allegations of sanctions circumvention and potential insider trading. The probe centers on a sophisticated bond-trading scheme that allegedly exploited EU sanctions through transactions between Luxembourg and Russia.

Sweden's Supreme Court has approved the extradition of a Russian national to the United States on charges related to allegedly circumventing sanctions by exporting military components to Russia through Hong Kong. The case highlights international cooperation in enforcing export controls and trade sanctions against Russia.

Luxembourg authorities have discontinued a criminal investigation into potential EU sanctions violations by Spacety Luxembourg SA, a Chinese satellite firm that was subsequently placed into liquidation. The case was closed after mutual legal assistance requests were made, though details about the responses and recipient countries remain unclear.

France's Anti-Corruption Agency has imposed its first direct financial penalties under the Sapin II Law on a holding company and its executive for failing to implement required corruption prevention measures, marking a significant shift in enforcement approach. The decision establishes that compliance deficiencies are assessed at the audit date rather than when remediation occurs, and that senior executives may face personal liability for non-compliance. What does this landmark ruling mean for multinational

France's Anti-Corruption Agency has imposed its first-ever monetary sanctions under the Sapin II Act, penalizing a company €350,000 and its president €60,000 for widespread compliance failures. The landmark decision establishes critical precedents for enforcement strategy, breach assessment timing, and personal executive liability in anti-corruption matters.

The French Cour de cassation has ruled that receiving stolen goods can extend beyond tangible property to include strategic information obtained through breach of trust, even when not recorded on physical media. This landmark decision adapts criminal law to modern economic realities where intangible assets and confidential business information hold significant value.

Reuters is reporting that three individuals have today been convicted of Russian sanctions offences.

Polish prosecutors have registered nearly 2,500 sanctions cases as of mid-2026, with 85% targeting Belarus and at least 91 criminal proceedings specifically focused on wood-processing products.

Two brothers face trial for allegedly orchestrating 65 mechanical engineering exports to Russia valued at approximately €833,000 by concealing the true destination through shell companies in Turkey and Kyrgyzstan.