Financial Regulatory AlertSummary
On 5 June 2026, the UK’s Financial Conduct Authority (FCA) and HM Treasury’s Office of Financial Sanctions Implementation (OFSI) published a renewed Memorandum of Understanding (the MoU) setting out their arrangements for co-operation and information sharing in relation to UK sanctions.1 This followed another recent Memorandum of Understanding, which the FCA entered into with the newly created Office of Trade Sanctions Implementation (OTSI), dated 28 May 2026.2...
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