Almost six years have passed since the introduction of the UK Sanctions and Money Laundering Act, and two years since Russia's invasion of Ukraine, which was a watershed moment for the UK sanctions regime.
Against the...more
3/8/2024
/ Economic Sanctions ,
EU ,
Financial Crimes ,
Information Reports ,
Judicial Intervention ,
Money Laundering ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
Supply Chain ,
UK ,
UN Security Council ,
United Nations
“Stopping financial crime requires a collective effort...we will be more proactive in our supervision. Where we detect harm or UK-wide financial crime vulnerabilities, we will continue to share intelligence with our partners...more
Recovering criminal assets is difficult. A good recent example of this difficulty came in October this year, when the Treasury estimated that it could recover just £1.2 billion of the £4.5 billion lost to Covid...more
On 13 October 2020 Transparency International (TI) published its annual report on enforcement of foreign bribery (the Report). The Report analyses foreign bribery enforcement in 43 of the 44 signatories to the Organisation on...more