Analysis of Fraud Risk Regarding the Real Beneficiary in Relation to International Sanctions
Analysis of Fraud Risk Regarding the Real Beneficiary in Relation to International Sanctions

Author(s): Florin Tudor
Subject(s): Criminal Law, International Law, EU-Legislation, Sociology of Law
Published by: ADJURIS – International Academic Publisher
Keywords: sanctions; cooperation; real beneficiary; risk analysis; fraud;
Summary/Abstract: The restrictive measures instituted by a number of international organizations and actors aim, first of all, at diminishing the military capabilities of the aggressors, by freezing some financial assets, putting some public or private entities, and officials on the sanctions blacklists, banning some import operations and export of dual-use items and other categories of goods prohibited by trade policy measures. Complying with these embargoes requires the use of risk analyses capable of neutralizing any attempt by aggressors to circumvent sanctions by using other destinations and international markets. The analysis of international transactions regarding the identification of the real beneficiary represents the most important challenge for the control authorities at border crossing points, and international cooperation regarding the exchange of information must represent a priority in the coming period. The present study analyzes the complex issue of sanctions imposed by the EU in the context of aggression in Ukraine and the mechanisms of using risk analysis to reduce the risk of fraud and violation of international embargoes.

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