New Office of Trade Sanctions Implementation to investigate and prosecute sanctions breaches | Practical Law

New Office of Trade Sanctions Implementation to investigate and prosecute sanctions breaches | Practical Law

The government has announced the creation of a new Office of Trade Sanctions Implementation to penalise companies who are found to be breaching trade sanctions. The unit will have the power to investigate breaches, issue civil penalties and refer cases to HMRC for criminal enforcement when deemed necessary.

New Office of Trade Sanctions Implementation to investigate and prosecute sanctions breaches

Published on 12 Dec 2023England, Wales
The government has announced the creation of a new Office of Trade Sanctions Implementation to penalise companies who are found to be breaching trade sanctions. The unit will have the power to investigate breaches, issue civil penalties and refer cases to HMRC for criminal enforcement when deemed necessary.