On 1 March 2022, the UK Government introduced into Parliament the Economic Crime (Transparency and Enforcement) Bill (the "Bill"). The draft legislation contains a number of measures designed to increase transparency and give...more
The UK sanctions authority, the Office of Financial Sanctions Implementation (OFSI), has announced its first multi million pound fine since its establishment in 2016. The fine confirms OFSI’s increasing enforcement activity...more
With Brexit looming, the UK's autonomous sanctions policy is slowly taking shape. This month saw the publication of regulations setting out the post-Brexit UK sanctions regimes for Iran, Burma and Venezuela, which will come...more
3/4/2019
/ Asset Freeze ,
Blocking Statutes ,
Burma ,
Economic Sanctions ,
EU ,
General Licenses ,
Information Sharing ,
Iran ,
Joint Comprehensive Plan of Action (JCPOA) ,
No-Deal Brexit ,
Office of Financial Sanctions Implementation (OFSI) ,
Ownership Rules ,
Reporting Requirements ,
Right to Control ,
Sanctions and Anti-Money Laundering Act 2018 (SAMLA) ,
UK ,
UK Brexit ,
Venezuela