by Yasmin Robinson | Jun 4, 2025 | News
The Office of Financial Sanctions Implementation (OFSI) has released its first-ever Legal Services Threat Assessment, setting out the main sanctions compliance risks facing the legal sector. Key insights: Since February 2022, the legal sector has accounted for 16% of... 
by Yasmin Robinson | Jun 4, 2025 | News
The UK government has implemented further sanctions under the Russia (Sanctions) (EU Exit) Regulations 2019. These updates are part of coordinated international efforts to restrict activities that undermine Ukraine’s sovereignty and territorial integrity.... 
by Yasmin Robinson | Apr 9, 2025 | News
The Office of Financial Sanctions Implementation (OFSI) has released a Legal Services Threat Assessment to assist UK legal services providers in understanding and mitigating risks associated with financial sanctions compliance. Since February 2022, the legal services... 
by Yasmin Robinson | Apr 7, 2025 | News
On 20th March 2025 the Office of Financial Sanctions Implementation (OFSI) imposed a £465,000 penalty on Herbert Smith Freehills CIS LLP (HSF Moscow) for breaching UK financial sanctions against Russia. Between May 25 and 31, 2022, HSF Moscow made six payments...
