The Office of Financial Sanctions Implementation, a division of HM Treasury UK, has set up a new legal sector engagement forum. The OFSI helps ensure financial sanctions are understood, implemented and enforced. The forum has been set up to enhance the direct engagement between the OFSI and the legal sector.
The forum is an opportunity for the legal sector to ask questions as well as to create a more productive relationship between the legal sector and the Treasury. This is particularly key given the current climate of economic sanctions in the face of the Russian invasion of Ukraine.