Skip to Primary Navigation

Skip to main content

Red alert on sanctions circumvention warns all that is gold does not glitter

Gold Reserves at the Banque de France
Photo: Pierre Perrin/Sygma/Getty Images

Neill Blundell | Macfarlanes, Helen Harvey | Macfarlanes, Lara Gardiner | Macfarlanes+1

2 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Due diligence urged by multiple agencies to reduce risk of sanctions breaches.

Sanctioned individuals and entities, and their enablers, are evading UK sanctions in relation to Russian gold. The situation has been highlighted by a “Red Alert” published by a multi-agency working group including the National Economic Crime Centre, the Office of Financial Sanctions Implementation (OFSI) and the Foreign, Commonwealth

The

, , , , ,