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Risk & Compliance weekly highlights—13 October 2022

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Published on: 13 October 2022

Published by a LexisNexis Risk & Compliance expert

Table of contents

Financial sanctions
Ukraine conflict—OFSI updates General Licence regarding payments connected to Russian banks
Russian oligarch’s UK associate charged in sanctions case
Ukraine conflict—Council of the EU adopts eighth package of sanctions against Russia
Latest sanctions narrow path to legal dealings in Russia
Financial crime prevention
FATF updates consolidated processes and procedures for mutual evaluations and follow-up
Government minister says failure to prevent fraud offence likely
More DOJ scrutiny complicates in-house compliance choices
Top UK prosecutor says no scenario for merging SFO

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Article summary

This week's edition of Risk & Compliance weekly highlights includes updates to OFSI’s General Licence regarding payments connected to Russian banks and FATF’s consolidated processes and procedures for mutual evaluations and the ICO has launched a consultation on draft employment practices guidance.

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