Considerations in building a robust and nimble compliance programme as the UK enters the international sanctions regime
The early days of the UK’s new autonomous sanctions regime – now free from EU consensus to move at its own pace – has made clear that sanctions are here to stay. What can we read from the early months of OFSI Director Giles Thomson’s tenure? What can we draw from OFSI’s approach to sanctions enforcement thus far, and the implications for your company or client’s global compliance programme?
In this briefing for The Lawyer, FRA Director Sarah Wrigley and Partner Charlie Steele offer their perspective on the increasingly active UK sanctions regime, and key questions which entities with a global footprint including the UK ought to consider.