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ARTICLE · 27 FEBRUARY 2025

UK Economic Crime Group: Enforcement Update

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This edition of our Enforcement Newsletter highlights significant developments across the spectrum of economic crime enforcement relating to the Serious Fraud Office (SFO)...

European UnionCriminal Law
Kathleen Harris
Kathleen Harris
Sean Curran
Sean Curran
Chris Ladusans
Chris Ladusans
Ashley Collins
Ashley Collins
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Executive Summary

This edition of our Enforcement Newsletter highlights significant developments across the spectrum of economic crime enforcement relating to the Serious Fraud Office (SFO), the Office of Trade Sanctions Implementation (OTSI), and the Financial Conduct Authority (FCA):

  • Political developments affecting the UK enforcement landscape
  • The SFO's first Unexplained Wealth Order
  • The Court of Appeal's dismissal of Anzhelika Khan's sanctions delisting challenge
  • New guidance from OTSI on trade sanctions due diligence for exporters
  • Charges brought by the SFO following the collapse of Axiom Ince
  • Penalties levied by the FCA against two challenger banks: Metro and Starling

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