Money Laundering Bulletin
UK government sets up unit to combat Russian trade sanctions evasion
On 11 December [2023], the UK government announced that a new Office of Trade Sanctions Implementation (OTSI) will launch in "early 2024" with the aim of toughening enforcement and penalties against UK firms breaching, primarily currently, Russian sanctions.
On 11 December [2023], the UK government announced [1] that a new Office of Trade Sanctions Implementation (OTSI) will launch in "early 2024" with the aim of toughening enforcement and penalties against UK firms breaching, primarily currently, Russian sanctions.