Sanctions Compliance Enters New Phase of Complexity as UK, US, and EU Regimes Diverge With New OFAC and OFSI Announcements

Sanctions Compliance Enters New Phase of Complexity as UK, US, and EU Regimes Diverge With New OFAC and OFSI Announcements

The global sanctions landscape has undergone more structural change in the past 18 months than in any comparable period since the post-2014 measures that followed Russia’s annexation of Crimea, and compliance teams at multinational firms are grappling with the consequences of operating within three regulatory regimes that are broadly aligned in objective but increasingly divergent […] The post Sanctions Compliance Enters New Phase of Complexity …