News & insights

OFSI and FCDO Issue Guidance on Ownership and Control

Written by Insight & Partnership Team | Nov 17, 2023 9:36:00 AM

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.