XM does not provide services to residents of the United States of America.

Olympics-Top U.S. Olympic official reassures sports they are welcome in U.S.



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Olympics-Top U.S. Olympic official reassures sports they are welcome in U.S.</title></head><body>

By Steve Keating

PARIS, July 27 (Reuters) -U.S. Olympic and Paralympic chief Gene Sykes reassured worried sports officials that they need not fear being investigated by American law enforcement when in the United States but conceded there was nothing he could do if they were.

The influential Association of Summer Olympic International Federations (ASOIF) expressed their concerns at bringing events to the United States after World Aquatics executive director Brent Nowicki was subpoenaed by the U.S. government to testify in an investigation into how 23 Chinese swimmers escaped punishment after testing positive and allowed to compete in the Tokyo Olympics.

A U.S. House of Representatives committee in May called on the Department of Justice to launch inquiries ahead of this year's Paris Olympics which got underway on Friday.

"They (federations) have asked questions and I've also provided reassurance," Sykes told Reuters. "We'll have many events going forward and I expect those events to go well and I expect people to travel to the United States without incident.

"I can't control anything that the FBI does but honestly, it's a small issue.

"It's a small issue relative to the magnitude of people who are going to come to the U.S. for events that are important to them, and the reassurance comes from the evidence of how many people actually enjoy the hospitality of the U.S."

It may be a small issue for Sykes but for ASOIF members it has become a major concern.

Images of members of soccer's world governing body FIFA being arrested on U.S. corruption charges as they exited a Zurich hotel in 2015 have not been forgotten and is not a scene the ASOIF or the IOC would like to see repeated with their members.

With the U.S. preparing to host the 2028 Summer Games in Los Angeles, a number of test events are being planned for the Olympic venues.

However, in a statement ASOIF said that U.S. investigations may lead federations to consider the risks of allocating future competitions over doubts about the safety of athletes and officials.

ASOIF concerns centre around the Rodchenkov Act legislation.

The Rodchenkov Anti-Doping Act passed in 2020 is named after Grigory Rodchenkov who led Russia’s state doping programme before turning whistle blower. The Act allows criminal charges to be brought against those found to have committed anti-doping rule violations.

The Act legislation extends U.S. law enforcement jurisdiction to any international sporting competitions that involve American athletes or have financial connections to the United States.

"The Rodchenkov Act was passed over four years ago, we've had literally hundreds of international sporting events since then, with athletes who have come to the United States and team officials and others without incident," said Sykes, who was elected an International Olympic Committee member on Wednesday.

"We want to reassure people who come to the United States that they will be treated with respect, and they'll be welcome.

"I think we have a very, very good record."



Reporting by Steve Keating, editing by Pritha Sarkar

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.