By Maya Lester KC & Michael O’Kane

Reporting Obligations

Reporting obligations to OFSI for each UK sanctions regime are contained in the ‘Finance: reporting obligations’ section of the relevant sanctions regulations. For example, section 70 of the Russia (Sanctions) (EU Exit) Regulations 2019. These apply to “relevant firms” as defined in those regulations. Guidance on reporting obligations to OFSI and the reporting form here: ‘Reporting information to OFSI –…...

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