Publication of UK Government’s strategic approach to sanctions enforcement
Today, we have published an overview of the UK Government’s approach to enforcing breaches of UK sanctions. This follows the cross-government review of sanctions implementation and enforcement, which concluded that, ‘a cross-government strategy on enforcement will assist industry to understand the range of non-compliance and possible enforcement consequences’.
The document sets out key enforcement principles, emphasises the importance of strong compliance and outlines the potential consequences of non-compliance. It also summarises the roles of key government departments, regulators and enforcement bodies.
The UK Sanctions List from FCDO lists which people, entities and ships are designated or specified under the Sanctions and Anti-Money Laundering Act 2018, and why.
Find out more about UK Sanctions and how to contact us here: UK sanctions - GOV.UK
This is a joint announcement from:
Foreign, Commonwealth & Development Office // Office of Financial Sanctions Implementation // Office of Trade Sanctions Implementation
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