A – FINANCIAL SANCTIONS REGIME CHANGES – What will they mean in practice? the UK government is taking sanctions breaches seriously and has enhanced its toolkit to take action where necessary. Police and Crime Bill receives Royal Assent, LNB News 01/02/2017 96 has received Royal Assent. B – WHAT ARE THE MOST SIGNIFICANT CHANGES BROUGHT […]

The Summer Budget 2015 contained a commitment to significantly revamp the UK’s approach to the implementation and to the enforcement of financial sanctions, at both the administrative and legislative level. These changes have now begun to be introduced, through the creation of the Office of Financial Sanctions Implementation (“OFSI”) within Her Majesty’s Treasury (“HMT”) and […]