The US Supreme Court has made it easier for the Department of Justice (DOJ) to charge corporations owned by foreign states. In a decision issued on Wednesday it said the Foreign Sovereign Immunities Act of 1976 (FSIA) doesn’t shield Turkey’s Halkbank from money-laundering and other criminal charges.
“The FSIA
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Weekly podcasts from trusted external experts
- Fresh compliance and regulatory content every day