UK Gov releases sanctions-related metrics for 2017

Parliament3In response to a written Parliamentary Question, the UK Government has released a number of sanctions-related metrics from 2017. In particular: “A total of 118 suspected breach cases were reported to Treasury’s Office of Financial Sanctions Implementation (OFSI) during the calendar year of 2017. The approximate aggregate value of [those] suspected breaches was £117million. As of April 2017, a total of 84 suspected breaches [were] reported to OFSI since OFSI gained the ability to impose monetary penalties under the Policing and Crime Act 2017…”

This entry was posted in United Kingdom by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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