OFSI sanctions guidance Flash News List | Blockchain.News
Flash News List

List of Flash News about OFSI sanctions guidance

Time Details
2025-12-08
15:50
UK Anti-Corruption Strategy Targets Crypto Sanctions Evasion: 3 Trading Impacts on Compliance and Liquidity

According to the source, the UK’s Anti-Corruption Strategy targets the use of cryptoassets to evade sanctions, indicating stepped-up enforcement around exchanges, mixers, and DeFi access points; source: UK government strategy via the source. UK regulators classify cryptoassets as funds or economic resources under sanctions and require firms to freeze and report suspected breaches, raising compliance workloads for UK-facing exchanges and custodians; source: HM Treasury’s Office of Financial Sanctions Implementation (OFSI) guidance and Financial Conduct Authority (FCA) AML rules. Stricter sanctions controls typically lead to tighter KYC/AML checks, enhanced address-screening, and longer processing times on UK venues, which can constrain liquidity for privacy-focused assets; source: FCA supervisory expectations and OFSI reporting requirements.

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