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

Shell bought Russian liquified natural gas shipments totalling 350,000 tonnes which required an escort from sanctioned ...

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

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 Crimea ...

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 ...

The Office of Financial Sanctions Implementation (OFSI) has so far only imposed a single £15,000 fine for breach of financial sanctions - in other words those moving money in or out of Russia or ...

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 ...

The court noted that NBT was not designated under UK sanctions and that the Office of Financial Sanctions Implementation (OFSI) had not treated NBT as subject to sanctions. The court also considered ...