Financial Crime Financial Crime

UK sanctions office to increase intelligence capabilities to tackle evasion

By Phoebe Seers
  • 22 Jun 2022 17:13
  • 22 Jun 2022 17:13
The UK’s sanctions office plans to increase its intelligence capabilities to detect evasion, its director told lawmakers today, as it emerged that all the sanctions enforcement cases that have resulted in financial penalties had been self-reported. 

Giles Thomson of the Office of Financial Sanctions Implementation also said that although crypto assets

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Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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