On 10 November, the UK’s Office of Financial Sanctions Implementation (OFSI) published its annual review for the period April 2021 to August 2022, with aContinue Reading OFSI’s Annual Review Highlights Effect of Sanctions on Russia
Annabel Thomas is an experienced commercial litigator with a strong background in corporate disputes and civil fraud. She represents clients on matters involving asset-tracing and injunctive relief; partnership disputes; competition law; and regulatory/disciplinary litigation. She also handles company and shareholder disputes (including unfair prejudice claims, breach of directors' duties, JV disputes, LLP disputes and breach of warranty and indemnity claims), as well as insurance disputes (including coverage, subrogated recovery and brokers' negligence). Annabel's practice covers litigation in the high court, as well as arbitral proceedings. She is experienced in both defending and bringing claims, often involving multiple jurisdictions and applications for interim relief, including freezing injunctions, search & seizure orders, disclosure orders and security for costs.
The United Kingdom and United States announced in a joint statement on 17 October a new strategy to cooperate and collaborate further on economic sanctions…Continue Reading UK and U.S. Announce ‘Enhanced Partnership’ on Economic Sanctions Implementation, Enforcement
On 30 September the UK announced a series of significant additional sanctions in response to Russia’s illegal annexations in Ukraine following internationally condemned sham referendums.Continue Reading Incoming UK Sanctions on Professional Services
On 12 July 2022, the UK’s Office of Financial Sanctions Implementation (OFSI) and various other UK government agencies issued a red alert, in conjunction…
Continue Reading UK Law Enforcement Identify Common Sanctions Evasion Tactics and Use of UK-Based ‘Enablers’
From 19 July 2022, it is a violation of UK financial sanctions for any person who knows or has reasonable cause to suspect that…
Continue Reading UK Prohibits Certain Investment in Russia
On June 29, the Russian Elites, Proxies, and Oligarchs (REPO) Task Force published a statement on its work in blocking or freezing sanctioned Russian assets.
Continue Reading REPO Task Force: The First 100 Days
The UK Office of Financial Sanctions Implementation (OFSI) announced on 28 June that it imposed a £15,000 penalty on UK company Tracerco Limited for breaching…
Continue Reading OFSI Fines UK Company for Financial Sanctions Breach
On 15 June 2022, the UK Office of Financial Sanctions Implementation (OFSI) implemented important changes to its enforcement powers and updated its “Monetary Penalty” guidance.
Continue Reading New Era in UK Sanctions Enforcement: Introduction of Strict Liability Standard and OFSI Guidance Update
The UK Office of Financial Sanctions Implementation (OFSI) has updated its guidance on ownership and control. If a person or entity is on the UK…
Continue Reading UK Russian Sanctions – Updated Guidance on Ownership and Control
This GT Advisory looks at the types of claims UK businesses, their directors and shareholders may be involved in over the next few years, including…
Continue Reading Business Disputes in the UK 2022