In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more
RUSSIA SANCTIONS -
OFSI issues £300k monetary penalty for UK sanctions breaches: On July 31, 2025, OFSI announced that it had issued a £300,000 penalty against Markom Management Limited (“MML”) for its instruction of a...more
RUSSIA SANCTIONS -
UK Lowers Oil Price Cap on Seaborn Russian Crude Oil, OFSI publishes related FAQs: On July 18, 2025, the UK Government, alongside the EU, announced that it will lower to Oil Price Cap on seaborne Russian...more
7/21/2025
/ Cybersecurity ,
Economic Sanctions ,
Energy Sector ,
Enforcement Actions ,
EU ,
European Commission ,
Financial Institutions ,
Financial Services Industry ,
National Security ,
Oil & Gas ,
Regulatory Requirements ,
Reporting Requirements ,
Russia ,
UK
In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London...more
2/26/2025
/ Belarus ,
Cybersecurity ,
Economic Sanctions ,
Financial Services Industry ,
Foreign Policy ,
Government Agencies ,
National Security ,
Regulatory Requirements ,
Russia ,
Syria ,
Trade Relations ,
UK