Risk Management

When Your Own Payroll Becomes a Sanctions Risk: Learning from OFSI’s Penalty on Colorcon

The Office of Financial Sanctions Implementation has issued a £152,750 penalty against Colorcon Limited, a UK-registered pharmaceutical coatings company, for breaches of the Russia (Sanctions) (EU Exit) Regulations 2019.

Corinna Venturi

7 days ago4 min read

UK’s Syria Sanctions Update: A Step Toward Rebuilding and a Timely Reminder for Compliance Teams

On 24 April 2025, the UK Government announced significant amendments to its Syria sanctions regime.

Corinna Venturi

May 41 min read

Unmasking the Trusts: What the 2025 ROE Amendments Mean for You

The ROE (Protection and Trusts) (Amendment) Regs 2025 introduce new obligations for overseas entities, particularly those involving trusts.

Corinna Venturi

Mar 122 min read

When AML Policies and Reality Don't Match

It's great to have well-written policies and procedures, but are they actually being carried out in practice?

Corinna Venturi

Sep 3, 20242 min read