22 Nov 2023

Tasha Benkhadra quoted in Compliance Week on UK firms navigating Russian sanctions

Tasha Benkhadra has been quoted in Compliance Week about the difficulty of navigating Russian sanctions.

Tasha said OFSI’s action means “companies are left to muddle through, hoping they don’t inadvertently commit a breach” because “OFSI has failed to prescribe the level of due diligence required.”

“When companies struggle, OFSI refuses to confirm whether it considers the entity in question to be designated,” she said.

You can read the full comments in Compliance Week.