Overview
On March 20, 2023, Global Investigations Review quoted Alexandra Melia in a piece titled "OFSI sets due diligence bar in latest enforcement guidance." The article discusses the UK Office of Financial Sanctions Implementation's (OFSI) updated enforcement guidance published on March 16 detailing the due diligence steps companies can take to reduce potential fines for breaching sanctions. Commenting on the latest guidance Melia said "it lays out the rules of the road" and "it provides a framework for companies that are nervous about strict liability and want to know when enough is enough."
The full article can be read at Global Investigations Review (subscription required).
