News & Analysis as of

Office of Financial Sanctions Implementation (OFSI) Economic Sanctions HMRC

WilmerHale

UK Cross-Government Review of Sanctions: Welcome but Unambitious Recommendations for Sanctions Enforcement

WilmerHale on

On 15 May 2025, the UK Government published the conclusions of its cross-government review of UK sanctions implementation and enforcement (the Review)....more

Mayer Brown

UK Weekly Sanctions Update - Week of October 7, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world....more

Pillsbury Winthrop Shaw Pittman LLP

New UK Trade Sanctions Enforcement Body Goes Live October 10, 2024

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

King & Spalding

UK Launches New Office of Trade Sanctions Implementation for Civil Enforcement of Trade Sanctions

King & Spalding on

On 12 September 2024, the UK Government published The Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (“the Regulations”), which provide the regulatory framework for the Office of Trade Sanctions...more

Pillsbury - Global Trade & Sanctions Law

New Enforcement Powers for UK Trade Sanctions Regulators

On September 12, 2024, the UK government published the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (the “Regulations”), granting the UK’s trade sanctions enforcement body, the Office of Trade...more

Morrison & Foerster LLP

New UK Enforcement Agency to Crack Down on Trade Sanctions Compliance

Morrison & Foerster LLP on

The UK government has announced the creation of the Office of Trade Sanctions Implementation (OTSI) to further crack down on those dodging UK trade sanctions. OTSI will be responsible for the civil enforcement of trade...more

WilmerHale

UK Parliamentary committee hears evidence during economic crime inquiry

WilmerHale on

On 15 May 2018, the UK Parliamentary Treasury Select Committee heard evidence from representatives of Transparency International, Global Witness and the RUSI Centre for Financial Crime and Security Studies as part of its...more

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