Britain creates a new agency to combat the circumvention of sanctions against Russia
Kyiv • UNN
The UK government has set up a new agency, OTSI, to enforce sanctions against Russia, which is due to start operating next year to prevent sanctions evasion and provide advice on sanctions compliance.
The UK government has announced a new agency that will deal with to combat the circumvention of sanctions against Russia - the Office of Trade Sanctions Implementation (OTSI). This is stated on the website of the UK government, UNN reports.
Details
It is noted that the new agency will start working from the beginning of of next year and will investigate potential cases of sanctions circumvention, impose punishment and transfer materials to agencies authorized to initiate criminal cases. authorized to initiate criminal proceedings.
In addition, it will help companies with advice on how to avoid accidental violation of sanctions.
The Bureau will monitor the activities of British companies that send goods to Russia through third countries. It is created in addition to the Office of Financial Sanctions Implementation).
As a reminder,
the UK will supply two Sandown minesweepers to Ukraine to improve security in the Black Sea.
