FCA’s latest findings warns that despite £37B in frozen assets and stronger sanctions frameworks, firms remain vulnerable to sanctions breaches due to persistent gaps in DD, screening & compliance controls

by | May 28, 2026

The FCA also highlighted ongoing challenges in detecting and preventing trade sanctions breaches, noting that firms often employ a wider range of controls for trade sanctions than for financial sanctions. Most reported breaches continue to relate to Russia, although...

FCDO sanctions 18 crypto firms and individuals linked to Russia’s sanctions-evasion networks, including HTX, over allegations they helped move $90B into Russia and facilitated $1.5B in suspect transactions

by | May 26, 2026

A key target is the A7 network, a group of companies and individuals that reportedly moved $90 billion into Russia’s economy, an amount exceeding half of Russia’s annual military budget. The sanctions also include major crypto exchange HTX, which UK authorities...