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
In recent weeks, the United States, European Union, and United Kingdom have taken significant steps to relax of their sanctions on Syria, paving the way for long-awaited normalization of commercial relations and...more
5/29/2025
/ Economic Sanctions ,
EU ,
Financial Institutions ,
Gulf Cooperation Council (GCC) ,
International Trade ,
Investors ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Requirements ,
Syria ,
Trump Administration ,
UK
The May 6, 2025 conclusion of the UK-India Free Trade Agreement (the “FTA”) marks a defining moment in the economic and strategic partnership between India and the United Kingdom....more
AT A GLANCE -
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...more
3/19/2025
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Compliance ,
Disclosure Requirements ,
Economic Sanctions ,
Export Controls ,
Foreign Policy ,
International Trade ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
UK
In this weekly update, we summarise the most notable updates in the UK sanctions world...more
3/10/2025
/ Anti-Corruption ,
ECJU ,
Economic Sanctions ,
Energy Sector ,
Export Controls ,
Global Market ,
International Trade ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
Sanctions ,
UK ,
Ukraine
In this weekly update, we summarise the most notable updates in the UK sanctions world...more
2/28/2025
/ Asset Freeze ,
Economic Sanctions ,
Export Controls ,
Foreign Policy ,
International Organizations ,
International Trade ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
Syria ,
Trade Relations ,
UK