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Export Control Joint Unit announces Syria sanctions amendments and licence revocation
The Export Control Joint Unit has announced that amendments to Syria sanctions by the Foreign, Commonwealth and Development Office (FCDO) took effect from 25 April 2025. The changes include the removal of certain export prohibitions and the revocation of the general trade licence previously issued for earthquake relief efforts in Syria. The notice...
DWP's Fraud Bill passes Commons with new recovery and investigation powers
The Department for Work and Pensions (DWP) has announced that the Public Authorities (Fraud, Error, and Recovery) Bill has completed its Third Reading in the Commons. The Bill introduces direct bank account recovery powers, financial institution data access rights and driving disqualification measures for benefit fraudsters. It extends the...
Government urged to act on critical pension transfer delays
Law360: The government must step in to mandate faster retirement saving transfers, a pensions provider warned on 28 April 2025, saying that in some cases customers have been left waiting three years for the process to complete.
Insolvency Service reports closure of UK crypto mining firm after international complaints
The Insolvency Service has reported the closure of BTCMining Limited following numerous complaints to Action Fraud from customers in Estonia, Mauritania, Iran, New Zealand, Poland and Romania, who reported paying for crypto mining services they did not receive. The investigation revealed the company used a false UK registered address and its sole...