Beskrivning
This timely and essential book is an emergency guide andeffective insurance policy for all firms.Written by barrister Hugo Lodge, this handbook provides specialistguidance on how to comply with financial sanctions regimes and what to do whenfaced with a potential sanctions breach by a client or within a firm. TheSanctions and Anti-Money Laundering Act 2018 is discussed in detail as well asrecent guidance from the government and the SRA.Chapter coverage includes:Practical 'Don't Panic' pages with key steps totake in a sanctions emergencyan overview of UK sanction regimes guidance on navigating sanctions in criminallaw, civil monetary penalties and regulatory law requirementswhen and how to make reports to OFSI how to effectively apply for licenses from OFSI clarity on the difference between OFSI and SARsreporting obligationsanalysis of recent, significant cases in the financialsanctions areapractical advice for commonly occurringsanctions problems, e.g. in real estateThis handbook offers valuable insight with clear practical steps,providing guidance on how to proceed when faced with targeted financialsanctions. Flowcharts of how to ensure compliance by a firm and its clients areprovided, along with illustrative case studies.
