Late in 2024, the UK’s Office of Financial Sanctions Implementation (“OFSI”), the agency within His Majesty’s Treasury that ...

Global Impact: The partnership between OFSI and OFAC is part of a broader trend of international cooperation in sanctions ...

This announcement, made by the Office of Financial Sanctions Implementation (OFSI, a division of HM Treasury), signals a significant regulatory shift, particularly for businesses that transact in ...

HMRC does not name sanctioned firms and says it has no idea how many investigations it has into sanction-breaking.

The UK has not carried out a single conviction for breaches of Russian sanctions, the National Crime Agency has said. Financial sanctions on Russia were introduced following the annexation of ...

In the latest of a series of reports on the effectiveness of the UK's sanctions regime, Sky's Ed Conway finds that the enforcer of the rules has no answer to a crucial question.

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 ...

A woman looks at debris from a Russian attack in Chernihiv, Ukraine, earlier this month The UK has not carried out a single conviction for breaches of Russian sanctions, the National Crime Agency ...

The UK has not carried out a single conviction for breaches of Russian sanctions, the National Crime Agency has said. Financial sanctions on Russia were introduced following the annexation of Crimea ...