On 11 April 2025, the UK’s Office of Financial Sanctions Implementation (OFSI) imposed a £5,000 monetary penalty on Svarog Shipping &...

The UK Government has unveiled a new and extensive package of trade sanctions targeting Russia under the Russia (Sanctions) (EU Exit)...

The Office of Financial Sanctions Implementation (OFSI) has released a detailed threat assessment targeting the UK legal services sector,...

Today’s release of the Office of Financial Sanctions Implementation’s (OFSI) Annual Review casts a spotlight on the true scale and impact...

OFSI fines HSF Moscow £465K for breaching UK sanctions on Russia, making £3.9M in payments to sanctioned banks during its closure.

On 14 March 2025, the Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, issued a report concerning a breach of...

OFSI releases new guidance for HVDs & AMPs, including a webinar, factsheet, FAQs & an updated sanctions guide.

Suspicious Activity Reports (SARs) are a crucial tool in the global fight against financial crime, including money laundering and...

Today OFSI published a Threat Assessment Report covering Financial Services. The report identifies key evasion threats, red flags that...

In today’s dynamic regulatory environment, financial institutions (FIs) are under constant scrutiny to ensure compliance with various...

UK strengthens financial sanctions enforcement with new regulations, effective 5 Dec 2024. Key reporting changes start 14 May 2025.