News & Analysis as of

White Collar Crimes › Office of Financial Sanctions Implementation (OFSI)

Hogan Lovells

UK Economic Crime Progress Report: A mixed picture

Hogan Lovells on

When the UK government launched Economic Crime Plan 2 (ECP2) in March 2023, its ambitions were clear. Building on the first Plan, the 2023-26 strategy set out three overarching goals: to cut fraud; reduce money laundering and...more

A&O Shearman

New sanctions guidance on "ownership and control" and due diligence expectations

A&O Shearman on

Updated guidance regarding the enforcement of financial sanctions from the UK’s Office of Financial Sanctions Implementation (OFSI) was published on 16 March 2023. The guidance, which sits alongside OFSI’s general guidance on...more

Cadwalader, Wickersham & Taft LLP

Sanctions Watch: UK Authority Outlines Powers to Impose Strict Liability Civil Penalties

Cadwalader, Wickersham & Taft LLP on

Summary - From 15 June 2022, the Office of Financial Sanctions Implementation (“OFSI”) has the power to issue monetary penalties for breaches of financial sanctions on a strict liability basis. The newly-published...more

A&O Shearman

European White Collar Crime Report: Views on the key developments across Europe

A&O Shearman on

Europe at a glance - Across Europe, law makers are steadily expanding the circumstances in which companies can be found liable (whether criminally or otherwise) for the criminal conduct of their employees and other...more

4 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide