OFAC and OFSI have released guidance that compares key aspects of both sanctions regimes, focusing on topics such as sanctions lists, recordkeeping, and reporting requirements.
UK
The regulator's investigation did not reach a clear conclusion on whether competition law was infringed or not, and the traders themselves have not made any admissions.
Imposed sanctions relate to statutory audits of four companies belonging to the same ownership group and were carried out between 2018 and 2020.
Experts from McDermott Will & Schulte share key insights across major jurisdictions.
We interview compliance headhunter Nick Litwinek in the first of a series designed to help compliance, risk, and legal practitioners to find, secure, and manage high-quality compliance talent across regulated industries.
Review of Streamlined Energy and Carbon Reporting means now is the time to assess data, governance, and duplication across reporting processes before the next round of reform.
The government is integrating professional services into the FCA’s AML/CTF supervisory framework to improve efficiency and simplify a complex regulatory regime.
Gary Watson discusses the findings in the FCA’s review of sanctions, the recent OFSI sanctions fine, and the need for structural change.