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Expert Analysis

How New Sanctions Office Will Affect UK Trade Landscape

By Julia Pearce ( October 28, 2024, 2:18 PM GMT) -- On Sept. 12, the U.K. government announced[1] that the civil enforcement powers of the Office of Trade Sanctions Implementation, or OTSI, would be derived under new sanctions regulations, namely the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024, which came into force on Oct. 10.[2]...

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