Co-authored by London Associate Tina Kang.

The UK Office of Financial Sanctions Implementation (OFSI) announced on 27 September that it imposed a £30,000 penalty on

Continue Reading Wined and Fined: OFSI Imposes Financial Penalty on UK Company for Publicising Sanctioned Crimean Winery

As anticipated, the Economic Crime Bill was passed and became the Economic Crime (Transparency and Enforcement) Act 2022 on 14 March 2022. Overseas entities, their
Continue Reading UK Russian Sanctions and Economic Crime Update – A More Forceful Approach

On Feb. 24, 2022, Prime Minister Boris Johnson announced a comprehensive package of sanctions targeting Russian entities and individuals following President Vladimir Putin’s invasion of
Continue Reading UK Issues Sanctions Against Russia Following President Putin’s Attack on Ukraine

Ursula von der Leyen, the new president of the European Commission, has called for ‘new proposals to ensure Europe is more resilient to extraterritorial sanctions
Continue Reading EU Sanctions: European Commission President Pushes for Greater Resilience, Proper Enforcement