Elliot Letts

Associate, Steptoe International (UK) LLP

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Areas of Work

Commercial Trials & Litigation, International Arbitration, Independent & Internal Investigations, Economic Sanctions

Overview

Elliot Letts advises financial institutions, multinational corporations and high-net-worth individuals on cross-border investigations, regulatory enforcement issues and complex international disputes.

His practice focuses on matters arising from economic sanctions, anti-money laundering (AML), export controls and financial crime, particularly where regulatory exposure intersects with civil litigation or enforcement risk. Elliot has experience conducting cross-border investigations, advising on regulator engagement and assisting clients in responding to potential sanctions breaches across UK and US regimes.

Elliot also acts on complex international disputes, including civil fraud, asset recovery and cross-border commercial litigation. His work frequently involves multi-jurisdictional proceedings and coordination with foreign counsel in matters involving parallel regulatory and contentious exposure.

In addition, Elliot has advised technology and FinTech companies operating in areas such as blockchain, cryptocurrency and decentralised finance (DeFi) on financial crime and sanctions-related regulatory issues. He has also assisted clients seeking removal from the UK Sanctions List and the US Treasury’s OFAC Specially Designated Nationals and Blocked Persons (SDN) List.

Solicitor, England & Wales

L.P.C., University of Law
G.D.L., City University London
B.A. (Hons), University of Kent, Criminology

Areas of Work

Representative Matters

Acted for a high-net-worth individual in connection with parallel civil litigation, extradition proceedings and arbitration across multiple jurisdictions.
Assisted a major Southeast Asian bank in responding to a regulatory investigation concerning alleged violations of US sanctions and export controls.
Assisted clients seeking removal from sanctions lists maintained by OFSI and OFAC.
Conducted internal investigations into potential breaches of US sanctions and export controls regimes.
Drafted AML and economic sanctions compliance programmes for technology companies operating in emerging sectors including AI.
Advised DeFi and Web3 platforms on UK anti-money laundering regulatory requirements.