Regulations broaden financial sanctions reporting obligation – OUT-LAW.com
‘New UK regulations have been published that significantly extend the duty to report financial sanctions breaches. Previously only banks, financial institutions, certain EEA credit institutions, and currency exchange businesses were obliged to report, but the duty now applies to a far broader range of professions and sectors.’
OUT-LAW.com, 14th August 2017
Source: www.out-law.com