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You can now listen to the audio version of our weekly sanctions updates here . Monday, February 9 OFSI updated its guidance on financial sanctions enforcement and monetary penalties to reflect the outcome of the UK's government consultation on improving civil enforcement processes. In short, the new guidance discusses the following changes: Early Account Scheme, Case Assessment, Monetary Penalty Process and Settlement Scheme, Financial Hardship, and Fixed Monetary Penalties.
You can now listen to the audio version of our weekly sanctions updates here . Monday, January 26 OFSI announced a penalty of £160,000 on Bank of Scotland Plc. The bank had processed 28 transactions in breach of the UK's sanctions regulations related to Russia. These transactions related to a designated person. ( Here ) Tuesday, January 27 The U.S. Department of States announced that United States of America, along with 40 countries, gathered last week in Prague, the Czech R
You can now listen to the audio version of our weekly sanctions updates here . Monday, January 19 There was no major development on this date. Tuesday, January 20 There was no major development on this date. Wednesday, January 21 OFAC imposed blocking sanctions against one individual and seven entities under the United States' counter-terrorism sanctions program. ( Here , and the Department of the Treasury's press release ) OFAC submits the 2025's forth quarter report pursuan
You can now listen to the audio version of our weekly sanctions updates here . Monday, January 12 The Multilateral Sanctions Monitoring Team, a mechanism established to monitor and report violations and evasions of United Nations sanctions on North Korea launched in 2024 after Russia vetoed the renewal of the UN 1718 Committee Panel of Experts mandate, presented its report on the Democratic People's Republic of Korea's violation and evasion of UN sanctions through cyber and i
You can now listen to the audio version of our weekly sanctions updates here . Monday, January 5 There was no major development on this day. Tuesday, January 6 France imposed asset-freezing sanctions against four individuals and one entity under the country's autonomous counter-terrorism sanctions regime. ( Here ) Wednesday, January 7 There was no major development on this day. Thursday, January 8 There was no major development on this day. Friday, January 9 The EU Council
