These Regulations add new financial sanctions to Part 3 (Finance) of the 2019 Regulations. The amendments insert restrictions regarding investments (and services directly related to those investments) in respect of land located in Russia, persons connected with Russia, relevant entities, joint ventures...
Monday - Friday P.O. Box 689, Main Street Charlestown, Nevis Get Social: 1 (869) 469 - 1469 "Accountability, Efficiency, Integrity and Vigilance" Our Four Guiding Pillars Service Providers Consolidated List of Financial Sanctions Targets in the UK – Sep 2 2021 ...
LONDON (Reuters) -Britain imposed sanctions on four Israeli nationals on Monday, saying they were extremist settlers who had violently attacked Palestinians in the Israeli-occupied West Bank. The measures impose strict financial and travel restrictions on the four individuals, who Britain...
Financial Sanctions and New Monetary Penalties in the UKChristine Braamskamp
See the full list here. 5 November 2024 OFSI financial sanctions FAQs: new OFSI has added 14 Frequently Asked Questions to its FAQs Page: FAQs 49-51 relate to changes to fees and expenses caps in Part A and B of General Licence [INT/2024/5334756] effective from 29 October 2024 and ...
On 12 April 2012, the FCApublishedan updated guidance on financial sanctions measures concerning Russia. Authorised firms and firms operating under the temporary permissions regime (TPR) are advised to notify the FCA without undue delay if they (or their ARs and agents) are subject to any sanctio...
The British government said Thursday that Abramovich was among seven Russian businessmen added to its sanctions list as it ramps up pressure on the pariah state over its invasion of Ukraine. The new list includes further members of Putin's inner circle, such as Oleg Deripaska, Dmitri Lebedev and...
Separately, two entries under the UK’s Iran (Nuclear) financial sanctions regime have been amended. These entries have been added to theUK sanctions listand to the Office of Financial Sanctions Implementation’sConsolidated list of financial sanctions targets....
Since the Russian sanctions were introduced, the HM Treasury’s Office of Financial Sanctions Implementation (OFSI) has published a set ofgeneral licences(General Licences), which allow for otherwise prohibited activities to be completed, subject to various reporting and record-keeping requirements. Th...
For a bank, reporting to the Office of Financial Sanctions Implementation if there is knowledge or suspicion that a person is designated or that there has been a sanctions breach is essential. It is important to remember that a designated person will include an individual or company co...