The UK Office of Financial Sanctions Implementation (OFSI) has updated its guidance on enforcement and monetary penalties for breaches of financial sanctions to include a number of paragraphs setting out OFSI’s expectations around the nature and type of due diligence that companies should undertake when assessing whether an entity is owned or controlled by one or more designated persons, for sanctions purposes.
Baker McKenzie’s Sanctions Blog published the alert titled Blog Series: Sanctions Enforcement Around the World, the Australian Perspective on 27 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled New UK sanctions against Russia on 25 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Ukraine introduces a new sanctions package against Russian IT and sports industries on 24 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled New Blog Series: Sanctions Enforcement Around the World on 24 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Sanctions Enforcement Around the G7, The Japanese Perspective on 20 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Amends and Reissues the Belarus Sanctions Regulations on 19 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
At the Ahead of Tax & Legal Conference 2023, taking place on 1 June 2023, Baker McKenzie tax and legal experts will highlight three important themes: race to net zero, innovation and the international business climate.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Imposes Additional Sanctions on Belarusian Regime: 9 Entities Targeted on 13 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Imposes Additional Sanctions Against Russia: 14 Individuals and 34 Entities Targeted on 13 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.