Author

Ebere Okoroafor (UK)

Browsing

On 21 March 2025, the UK Office of Financial Sanctions Implementation (ā€œOFSIā€) published its 2023-2024 annual review (see here). The report summarises OFSI’s activities for the 2023-24 financial year in the context of its aim to ā€œEngage, Enhance, Enforceā€. This involves industry engagement to improve understanding of UK sanctions, enhancing stakeholder service through increased hiring and investment, and enforcing compliance using a full range of actions and improved processes. Although OFSI’s report indicates that the…