UK Updates Guidance on Sanctions Revocations, Reviews
The U.K. on March 27 updated its guidance on how to request a change or revocation of a financial sanctions designation under its counter-terrorism sanctions regime. The updates said that sanctioned parties or their representatives should complete a sanctions review…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
request form "as fully as possible," and that evidence from "reliable sources that can be verified and corroborated is likely to be more influential," according to the Global Sanctions blog. The guidance was also updated to say that once a party submits a request, "no further request may be made unless there is a significant matter which was not previously considered," the blog said.