On 2 October 2024, the FCA issued a final notice announcing it had fined digital challenger bank Starling Bank Limited £28,959,426 for financial crime and

Continue Reading UK Enforcement Agencies Crack Down on Financial Crime Control Failures, Sanctions Violations

On 31 August 2023 the UK’s Office of Financial Sanctions Implementation (OFSI) issued a “Disclosure” against Wise Payments Limited, a UK-registered company, regulated by the

Continue Reading No Breach Too Small: OFSI Reports First Breach of UK’s Russian Sanctions Regulations

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’