Tag: Tracey McDermott

Regulatory Watch News

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  UK to bring forward new powers to respond to moral emergency in Palestine, and target illegal settlement activity in the West Bank to protect the viability of a two-state solution

  UK Government

  September 9, 2026

  • UK concludes ongoing Israel occupation of  Palestinian  territory  unlawful  and  announces  tough new powers against illegal settlement activity, violence, and extremism to protect two-state solution.
  • New measures will ban imports of goods from illegal settlements and go after individuals and companies that support, facilitate or profit from illegal settlement activity
  • Comes as Foreign Secretary takes action against Iran, and reaffirms government’s commitment to tackling antisemitism.

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  Drug trafficking investigation leads to some of the world’s biggest underground bankers

  Europol

  September 9, 2026

  Some of the world’s biggest underground bankers have been targeted in an international law enforcement operation against a sophisticated financial network suspected of financing drug trafficking and laundering criminal proceeds around the world. The investigation, led by the Spanish National Police (Policía Nacional) and supported by Europol, has resulted in the arrest of 21 suspects for offences including participation in a criminal organisation, drug trafficking and money laundering. An action day carried out in Spain on 22 July 2026 resulted in the arrest of 15 suspects. Spanish authorities also issued 19 international arrest warrants against suspects located outside the country. Six of these warrants have since been executed, resulting in four arrests in the United Arab Emirates, one in Egypt and one in the Netherlands.

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  France: Two individuals and a company convicted of fraud involving fictitious cattle farm

  European Public Prosecutor's Office

  September 9, 2026

  (Luxembourg, 9 September 2026) – Two individuals and a company were convicted of fraud on Friday over EU subsidies obtained for a fictitious cattle farm, following an investigation and prosecution by the European Public Prosecutor’s Office (EPPO) in Paris (France). The couple, who are based in Corsica, had falsely declared that they were operating a cattle farm in order to obtain EU agricultural subsidies, amounting to €263 000, from  France’s public agricultural payments agency (Agence de services et de paiement – ASP). One of the defendants was also convicted of forgery and use of forged documents after submitting false invoices to the Corsican Office for Agricultural and Rural Development (Office du développement agricole et rural de Corse – ODARC), which is responsible for paying part of the agricultural aid in Corsica.