On February 24, 2025, the EU adopted its 16th package of sanctions against Russia, Belarus and non-government-controlled areas of Ukraine, symbolically marking the third anniversary of the start of Russia’s invasion of...more
3/11/2025
/ Belarus ,
Economic Sanctions ,
Energy Sector ,
EU ,
Export Controls ,
Exports ,
Financial Institutions ,
Imports ,
Popular ,
Russia ,
Trade Relations ,
UK
Earlier this week, the U.S. Office of Foreign Assets Control (OFAC) and the UK Office of Financial Sanctions Implementation (OFSI) published a Memorandum of Understanding (MoU), which was previously signed on October 9, 2024,...more
New UK enforcement body goes live and new powers granted to existing body, regulating those doing business in the UK.
UK trade sanctions enforcement risks are set to increase on October 10, 2024, as two government agencies...more
10/11/2024
/ Aviation Industry ,
Economic Sanctions ,
Enforcement ,
Export Controls ,
Financial Institutions ,
Financial Services Industry ,
HMRC ,
National Crime Agency (NCA) ,
Office of Financial Sanctions Implementation (OFSI) ,
Penalties ,
Reporting Requirements ,
Sanction Violations ,
Shipping ,
UK