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On 19 June 2023, the Government announced a new package of sanctions which pave the way for assets frozen under the Russia sanctions...
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On 30 May 2023, the Office of Financial Sanctions Implementation (OFSI) published a blog to clarify the scope of trust services...
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Recognising the increasing threat to the UK’s national security and prosperity, on 30 March, HM Treasury and the Home Office published...
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On 16 March, the Office of Financial Sanctions Implementation (OFSI) updated its enforcement and monetary penalties for breaches of...
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On 10 November 2022, the UK’s Office of Financial Sanctions Implementation (“OFSI”) published its annual review. This has been a...
The UK government has announced further sanctions against Russia designed to target vulnerable sectors of the Russian economy. The...
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The UK’s Office of Financial Sanctions Implementation (OFSI) announced on 27 September 2022 that it had imposed a £30,000 monetary...
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On 21 July 2022, new sanctions cutting off Russia’s access to the UK’s business and management consulting, accounting and PR services...
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The UN Special Rapporteur on The Negative Impact of Unilateral Coercive Measures on Human Rights has made an appeal to banks and other...
On 29 June 2022, the Russian Elites, Proxies, and Oligarchs (REPO) Task Force, a multi-national group aimed at seizing or freezing the...
On Wednesday 22 June, the director of the Office of Financial Sanctions Implementation (“OFSI”), Giles Thomson, speaking to the House of...
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Following the Economic Crime (Transparency and Enforcement) Act 2022’s expedited passage through Parliament in March 2022, the Office of...
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In a recently unsealed court document from the US, the judge quoted comedy show, Saturday Night Live, in support of his unequivocal...
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The Financial Conduct Authority (FCA) has launched a new financial sanctions evasion reporting platform for regulated entities, in a bid...
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The Chancellor, Rishi Sunak, has announced a new “fraud squad” to recover money stolen from the state-backed Covid Bounce Back Loan...
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It has just been announced that in February of this year, HM Revenue & Customs (HMRC) fined an unidentified UK company circa £2.7 million...