UK unveils a major sanctions package with 70 new designations targeting Russia’s shadow fleet, supply chains and illicit finance networks to disrupt its war economy and weaken its invasion of Ukraine

The measures focus on disrupting oil and LNG exports, tightening pressure on shipping services and insurers, and dismantling GRU-linked procurement networks and third-country intermediaries across multiple jurisdictions, as part of coordinated G7 efforts to weaken...

UK delays its Illicit Finance Summit to December 2026 to broaden global participation, with a focus on strengthening information sharing, enforcement, asset recovery, and action on high-risk sectors

The new dates will enable broader participation, ensuring the Summit generates the strongest possible international commitments to drive impact at a time of heightened global economic and geopolitical tension. The Summit will bring together a diverse coalition of...

UK Crime and Policing Act 2026 expands corporate criminal liability, making it easier to hold companies accountable for offences committed by “senior managers” acting within their authority

Previously, prosecutors had to prove wrongdoing by a company’s “directing mind and will” (usually top executives), but the new framework extends liability to a much broader range of senior staff, covering almost all criminal offences—not just economic crimes like...