OFSI and FCDO Issue Guidance on Ownership and Control

17 November 2023

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OFSI and FCDO Issue Guidance on Ownership and Control

The Office of Financial Sanctions Implementation (OFSI) and The Foreign, Commonwealth and Development Office have published Ownership and Control: Public Officials and Control guidance.

The guidance is applicable to all sanctions regimes, and provides information on the UK government’s approach to ownership and control in UK sanctions regulations regarding public officials and control, specifically:

Public officials and control of public bodies
Public officials and control of private entities

Firms should view the latest OFSI guidance and ensure that they comply with their regulatory requirements.

Read the full guidance

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OFSI and FCDO Issue Guidance on Ownership and Control

17 November 2023

OFSI and FCDO Issue Guidance on Ownership and Control

The Office of Financial Sanctions Implementation (OFSI) and The Foreign, Commonwealth and Development Office have published Ownership and Control: Public Officials and Control guidance.

Speak to us to request a demonstration

Plenitude are Financial Crime, Risk and Compliance specialists, offering advisory, transformation services and innovative cloud-based RegTech subscription products.

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