A look at key trends in UK enforcement of G-7 sanctions

Table of contents

• Recent sanctions enforcement trends in the UK
• Increase in investigations into potential sanctions violations
• Expanded UK intelligence and investigatory activities
• A more aggressive approach to enforcement
• Maximum penalties for violations
• Voluntary self-disclosure to mitigate penalties
• The G-7 enforcement coordination mechanism and sanctions enforcement in the UK
• What companies should do to prepare

Article summary

Law360, Expert analysis: Sunny Mann and Tristan Grimmer, partners, and Courtney Mackness, associate at Baker McKenzie explore the G-7 announcement on 23 February 2023, the one-year anniversary of Russia's invasion of Ukraine, of the creation of a new Enforcement Coordination Mechanism 'to bolster compliance and enforcement of our measures and deny Russia the benefit of G-7 economies'.