THE IMPACT OF A PERSON’S OFAC DESIGNATION IN THE UK

On 27 October, Bright Line Law published an article which considers the scope for enforcement of OFAC designation against UK persons.  In certain scenarios, a US sanction will operate to prevent persons in the UK from dealings.  But although there is a need to tread carefully, assisting a person who is OFAC designated in or from the UK, including in relation to property, is possible as long as key points are remembered.

https://brightlinelaw.co.uk/the-impact-of-a-persons-ofac-designation-in-the-uk/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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