Is the UK sanctions watchdog up for the fight? SANCTIONS Russia’s invasion of Ukraine sparked a wave of sanctions. But experts are questioning whether the UK's sanctions body, OFSI, will take the tough action needed to make sure UK companies comply.
US and EU pile new sanctions on Russia Russia The United States and the European Union have heaped new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony. The US government imposed roughly 600 new sanctions on Russia and [...]
New sanctions body: An OFAC equivalent for the UK? steven farmer The launch of OTSI marks a watershed moment in UK sanctions policy - but the devil will be in the detail, writes Steven Farmer
Power of sanctions: Russians are abandoning their beloved London courts May 22, 2024 There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court
Will the UK’s latest sanctions on China make any difference? April 14, 2024 The UK has introduced new sanctions aimed against Chinese interference, but their bark is far worse than their bite, writes Robert Dalling.
New sanctions unit launched with ‘enhanced powers’ to fine businesses October 10, 2024 The UK government has launched a new unit to crackdown on businesses that are in breach of UK sanctions, in an effort to strengthen Britain's sanctions regime
As Ukraine brings war to Russia, Britain too must be bolder with sanctions August 14, 2024 It’s time for Britain to be bolder with its sanctions against Russia. If done right, they will even enrich Britain’s economy too, writes James Price When I am in need of inspiration, I occasionally turn to Russian state television. Not because it is a useful source of news, or because I believe any of the [...]
NCA recovers £780,000 from sanctioned Russian billionaire’s estate July 29, 2024 The National Crime Agency (NCA) has recovered £780,000 from the estate of Russian billionaire Peter Aven following an investigation into potential sanctions evasion.
Crowe UK hit with £144,000 sanction for Aseana audit failings May 14, 2024 Accountancy firm Crowe UK has been hit with sanctions by the watchdog over its audit of London-listed Aseana Properties
UK issues sanctions and summons ambassador over Chinese cyber-attacks March 25, 2024 The government has issued sanctions and summoned the Chinese ambassador over state-affiliated cyber-attacks which spies could use to target UK-based dissidents.