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United Kingdom

UK Practice Compliance Weekly: OFSI sanctions updates, Evil Corp sanctions, NCA fraud plea, Cyber Security and Resilience Bill 2025, LeO fees guidance, EHRC harassment duty, plus trackers and content updates

Published on: 03 October 2024

Published by a LexisNexis Practice Compliance expert
Legal News
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Article summary

In this issue:

  • Financial sanctions
  • Other financial crime
  • Cybersecurity
  • Other Practice Compliance updates this week
  • LexTalk®Practice Compliance: a Lexis®Nexis community
  • Daily and weekly news alerts
  • Trackers
  • New and updated content
  • Latest Q&A

Financial sanctions

  • OFSI has added two further FAQs to the UK Financial Sanctions FAQs, covering General Licence INT/2024/4919848 and trust services. See: LNB News 01/10/2024 24.
  • General Licence INT/2023/3179120, relating to payments to water companies for water and sewage, has been revised. OFSI has updated the definitions of UK Designated Persons and Return Payments, and has made the Licence indefinite. See: LNB News 01/10/2024 23.
  • OFSI has imposed a monetary penalty on Integral Concierge Services (ICSL) for breaches of the Russia financial sanctions regime introduced in response to Russia’s 2022 illegal invasion of Ukraine.
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