Samuel Ashford

Dec 20, 2023 | lexology.com | Sunny Mann |Andrew Rose |Adeel Haque |Samuel Ashford

On 14 December 2023, the Office of Financial Sanctions Implementation (“OFSI”) published its 2022-2023 annual review (see here). The review summarises OFSI’s activities over the 2022-2023 financial year and looks ahead at trends and OFSI’s priorities for the next year.

Oct 11, 2023 | sanctionsnews.bakermckenzie.com | Julian Godfray |Samuel Ashford

The UK’s Office of Financial Sanctions Implementation (“OFSI“) has published updated guidance (the “Russia Sanctions Guidance“) on the implementation of the Russia (Sanctions) (EU Exit) Regulations 2019 (“UK Russia Regulations“), including a new FAQ addressing circumstances where a UK financial institution receives funds indirectly from or via a designated bank.

Oct 11, 2023 | lexology.com | Julian Godfray |Samuel Ashford

The UK’s Office of Financial Sanctions Implementation (“OFSI“) has published updated guidance (the “Russia Sanctions Guidance“) on the implementation of the Russia (Sanctions) (EU Exit) Regulations 2019 (“UK Russia Regulations“), including a new FAQ addressing circumstances where a UK financial institution receives funds indirectly from or via a designated bank.