OFAC and OFSI to Enhance Sanctions Implementation Support

17 October 2022

OFAC and OFSI to Enhance Sanctions Implementation Support

The US Treasury’s OFAC & the UK’s Office of Financial Sanctions Implementation have decided to deepen their co-operation.

The statement highlighted their will to enhance both their own capabilities and the support they provide Financial Institutions in effective sanctions implementation.

The partnership will allow for a greater sharing of best practices and opportunities to pool expertise, aiding responses to threats such as the potential misuse of digital assets.

Read the full statement

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OFAC and OFSI to Enhance Sanctions Implementation Support

17 October 2022

OFAC and OFSI to Enhance Sanctions Implementation Support

The US Treasury’s OFAC & the UK’s Office of Financial Sanctions Implementation have decided to deepen their co-operation.

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