The year since Russia’s invasion of Ukraine has been marked by the development of a multi-jurisdictional, multi-agency sanctions regime in the United States, the United Kingdom and the European Union. Although coordination...more
4/28/2023
/ Asset Freeze ,
Asset Recovery ,
Compliance ,
Economic Sanctions ,
Enforcement ,
Enforcement Authority ,
EU ,
G7 ,
Member State ,
Military Conflict ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Oversight ,
Russia ,
UK ,
Ukraine
In 2022, the UK was forced to reckon with the charge of being soft on economic crime and being the destination of choice for kleptocrats seeking to launder their ill-gotten funds. No longer able to turn a blind eye to these...more
12/22/2022
/ Beneficial Owner ,
Criminal Conspiracy ,
Criminal Prosecution ,
Economic Sanctions ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Fraud ,
Legislative Agendas ,
Money Laundering ,
Office of Financial Sanctions Implementation (OFSI) ,
Regulatory Reform ,
Russia ,
Serious Fraud Office (SFO) ,
UK ,
Ukraine ,
Unexplained Wealth Orders (UWOs)