Webb15 apr. 2024 · OFSI’s first major fine. On 31 March 2024, OFSI announced that it was imposing a penalty of £20.47 million on the UK bank Standard Chartered for breaching … WebbThe Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada, established in 1987 to contribute to the safety and …
OSFI
Webb21 mars 2024 · On 16 March 2024, the United Kingdom’s Office of Financial Sanctions Implementation (“OFSI”) updated the “OFSI Enforcement and Monetary Penalties for Breaches of Financial Sanctions Guidance” (the “Guidance”) to set out how an incorrect determination of “ownership or control” by a UK designated person over an entity may … Webb17 mars 2024 · OFSI is responsible for monitoring compliance for assessing suspected breaches. It also has the power to impose monetary penalties for breach and to refer cases to law enforcement agencies for investigation and potential prosecution. It is possible to apply for a licence to undertake certain activities that would otherwise be prohibited. pinecrest mobile home park exeter nh
UK: OFSI updates monetary penalties guidance to address issues …
Webb17 mars 2024 · The update relates to OFSI’s approach towards assessing breaches of financial sanctions, where an incorrect assessment of ownership and control of an entity is relevant to the commission of a breach. This MPE Guidance is timely given the recent UK designations of swathes of senior executives at several high profile Russian companies … Webb12 apr. 2024 · OFSI last week updated its guidance on the UK’s Russian oil maritime services ban and oil price cap to: note that the oil price cap will be kept under review … WebbContact Information Headquarters 7735 Miller Rd 3, Houston, Texas, 77049, United States (281) 452-3036 OFSi Profile and History OFS International LLC, also known as OFSi, is a privately held company which provides a full complement of services required to supply OCTG for the Oil and Gas industry. pinecrest middle high clermont