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Prudential Regulatory Authority delays UK implementation of Basel 3.1 to 2027

In response to global uncertainty the Bank of England’s Prudential Regulation Authority (PRA) has further delayed the implementation of the Basel 3.1 standards in the UK to 1 January 2027. This delay comes just four months...more

Important Changes to the UK's Office of Financial Sanctions Implementation's Enforcement Powers Come into Force On June 15, 2022

From June 15, 2022, important changes to the Office of Financial Sanctions Implementation’s (OFSI) enforcement powers come into force. These were highlighted in our 2022 Compliance and Regulatory Update....more

Sullivan & Worcester’s Recommendations on UK Export Finance’s Anti-bribery and Corruption Declarations and Undertakings Accepted...

London; February 16, 2016 – Law firm Sullivan & Worcester has contributed to the UK Government’s consultation on UK Export Finance (UKEF)'s anti-bribery and corruption declarations and undertakings (D&Us). UKEF is the UK...more

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