Veronika Havlová

Sep 21, 2023 | jdsupra.com | Jonathan Benson |Bethany Gregory |Veronika Havlová

The UK Financial Conduct Authority (FCA) has assessed the systems and controls relating to sanctions compliance for over 90 firms across a range of sectors and summarised its findings of good and poor practice. Acknowledging the size, scale and complexity of sanctions imposed since Russia’s invasion of Ukraine, the FCA continues to increase its focus on firms’ sanctions systems and controls and hopes that its findings will help firms to deliver greater compliance with sanctions.