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HM Treasury Compliance Penalties

K&L Gates LLP

UK Cross-Government Review of Sanctions Implementation and Enforcement

K&L Gates LLP on

On 15 May 2025, the UK government published a policy paper summarising findings from a cross-government review of sanctions implementation and enforcement. The Foreign, Commonwealth and Development Office led the review in...more

Skadden, Arps, Slate, Meagher & Flom LLP

"UK Establishes New HM Treasury Office to Implement Financial Sanctions"

On March 31, 2016, the U.K. launched the new Office of Financial Sanctions Implementation (OFSI) within HM Treasury. OFSI, which assumes the financial sanctions responsibilities previously carried out by HM Treasury’s Asset...more

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