OFSI’s “how to report” webinar is tomorrow!
See the link to join the webinar below. Link: Join the webinar
Post-Brexit sanctions webinars…
UK sanctions policy and compliance after the transition period As part of the changes to the UK’s sanctions framework, existing EU sanctions regimes are being transitioned into UK law through regulations made under the Sanctions and Anti-Money Laundering Act 2018. EU sanctions will no longer apply in the UK from 11pm […]
Resource for you: UK Independent Reviewer website
I was working on a new episode for the podcast, and I wanted to reference the Independent Reviewer’s quarterly report regarding the operation of the Terrorist Asset Freezing etc Act 2010 (TAFA). When I went to the latest one, though, it was just a 2-page statement and summary figures – […]
May 2020: NCA guidance on making better SARs
There’s much more in this document, but I thought I’d highlight Section 6 (“good practice tips): Always identify as clearly as possible the suspected benefit from criminal conduct (the ‘criminal property’) including, where possible, the amount of benefit identify the reason(s) for suspecting that property is criminal property […]
UK’s National Crime Agency publishes SARs in Action, Issue 5
The UK National Crime Agency’s “Money laundering and illicit finance” page has a list of record publications, including a guidance document on making better Suspicious Activity Reports (SARs), and multiple documents of red flags indicating possible human trafficking or slavery in various professions. But, in May, they published the 5th […]
What export control courses does the Export Control Organization offer?
Courses Strategic export control learning path Foundation Workshop – for those with little to no knowledge of the UK’s strategic export controls who need a basic overview in applying for licences Intermediate/Practitioners course for those who have some training (such as our Foundation workshop), reviewed the Consolidated Control Lists, and […]
UK publishes 2019-2022 Economic Crime Plan
The economic crime plan sets out 7 priority areas that were agreed in January 2019 by the Economic Crime Strategic Board, the ministerial level public-private board charged with setting the UK’s strategic priorities for combatting economic crime: develop a better understanding of the threat posed by economic crime and our […]
The British know their names…
The UK’s Financial and Banking Information Infrastructure Committee has put together a nice little document called “A Guide to Names and Naming Practices”, which has sections about how names are constructed around the world. For example: In Africa, there are sections for Yoruba, Igbo and Hausa Nigerian names, as well […]
UK Export Control Symposium Announced
The next Export Control Symposium will take place in London on Thursday 30 May 2019. Export Control Symposia organised by the Export Control Joint Unit (ECJU) have become very popular over the last few years, and there are now two events each year. On 30 May the event will, as usual, commence with […]
And now OFSI has an enforcement actions page…
Just found this, while trying to figure out that Raphaels Bank penalty (does anyone know where the 10,000 GBP figure comes from?)… So, this will be the UK analogue to OFAC’s enforcement Actions pages. Link: OFSI Enforcement Actions
