UK OFSI issues updated guidance on monetary penalties

The UK’s Office of Financial Sanctions Implementation (OFSI) has published an updated version of its guidance on the issue of monetary penalties for breaches of financial sanctions, which covers (amongst other things) the case assessment process, penalty calculation process and procedural rights. The guidance comes into effect on 1 April 2021. Any breaches reported to OFSI after this date will …

United KingdomUnited Kingdom

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

See profile for Michael O'Kane >