Sanctions Space
Giles Thomson on UK Sanctions Priorities and Enforcement
Apr 19, 2024
Giles Thomson, Director of OFSI, discusses the UK's sanctions priorities and enforcement landscape. They explore transatlantic cooperation, regulatory collaboration, preventing sanctions evasion, and the importance of public-private collaboration for effective sanctions compliance.
15:54
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Quick takeaways
- Increased self-disclosures and intelligence sources signal growth in UK sanctions enforcement capabilities.
- Transatlantic cooperation focuses on combating circumvention of strategic goods to Russia, enhancing sanctions evasion prevention.
Deep dives
Enhancing Transatlantic Cooperation for Effective Sanctions
The podcast discusses the evolution of transatlantic cooperation between the UK and the US in implementing sanctions. This collaboration, sparked by the significance of Russia sanctions, aims to ensure impactful sanctions with minimal implementation costs. By deepening their relationship, both countries have aligned on targets, enforced consistent messaging to their audiences, and developed joint fact sheets, focusing on effective implementation and addressing evasion issues.
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