The Office of Foreign Assets Control (OFAC) extended the statute of limitations for sanctions violations from five to ten years, effective April 2024. Companies should adjust retention policies, enhance due diligence, and update compliance procedures to reflect this change.

An individual pled guilty to operating unregistered crypto ATMs in the UK, violating anti-money laundering regulations. This marks the FCA's first prosecution for unregistered cryptoasset activity, highlighting the need for compliance with evolving crypto regulations.

Individuals concerned about potential extradition often face uncertainty and stress, particularly when dealing with allegations from jurisdictions they may never have visited. Key considerations include the risk of extradition based on the requesting country and offense, pre-emptive engagement with local authorities...

From 1 September 2023, UK cryptoasset businesses must comply with the FCA's guidance on the Travel Rule, requiring them to collect, verify, and share information on cryptoasset transfers to enhance anti-money laundering (AML) and counter-terrorism financing (CTF) measures.

Biometric Residence Cards (BRCs) were issued to non-EEA nationals under EU regulations but were replaced by digital statuses post-Brexit. BRC holders now automatically have an online immigration status, streamlining proof of rights for work and residency.

Securing contracts with UK clients requires effective staff transfer strategies. The Global Business Mobility visa routes, particularly the Service Supplier route, enable overseas staff to work temporarily in the UK. Ensure your UK client has a valid sponsor licence for this process.

The Home Office will phase out physical immigration documents by December 2024, replacing them with secure eVisas. BRP holders are encouraged to create a UKVI account before the deadline, but the Home Office indicates that day-to-day proof of status will remain manageable through online services even after BRPs expire. Creating a UKVI account by the end of 2024 is recommended for a smoother transition, though it can still be done afterward.

A curtained notice from the Home Office indicates that your UK visa is being shortened or cancelled due to personal or professional changes or visa breaches. Immediate action, including seeking legal advice, is crucial to explore available options.

A UK Indefinite Leave to Remain (ILR) refusal due to excessive absences can be challenged through options like Administrative Review, reapplication, or Judicial Review, often requiring legal advice.

UK visa approvals dropped by 27% in early 2024 due to government restrictions on care worker and student visas. While aiding immigration reduction targets, the decline raises concerns about recruitment challenges in key sectors like healthcare.

The article addresses concerns for individuals facing potential extradition to another jurisdiction, including those who have not visited the country in question. It outlines factors influencing extradition risks, advises on pre-emptive legal strategies, and discusses INTERPOL's potential involvement.

To determine if you're subject to an INTERPOL Red Notice, first check the public list. Private list enquiries risk disclosing your location, so seek expert advice. Challenges to a Red Notice include disputing its validity, insufficient details, human rights violations, or political motivations.

The FCA initiated its first criminal prosecution for unregistered crypto ATM operations, highlighting risks such as money laundering and tax evasion. Stronger regulations and enforcement are essential to combat illegal activity.

The FCA has charged an individual with operating unregistered crypto ATMs, marking the first prosecution for cryptoasset activity under UK anti-money laundering regulations, highlighting stricter compliance enforcement.

The article outlines the nature of INTERPOL Red Notices, their role in international extradition, and how to challenge them. It emphasizes the importance of seeking expert legal advice if subject to a Red Notice, as it can lead to arrest and extradition.

Gherson's team advises individuals facing service denials due to incorrect information in compliance databases, such as World Check. They outline steps for identifying and correcting errors, emphasize the legal challenges involved, and recommend seeking professional legal assistance to protect business interests.

INTERPOL's Silver Notice, a new initiative aimed at combating money laundering and illicit financial flows, is being piloted to track offenders using virtual currencies. While potentially impactful, unjust issuance remains a concern, highlighting the importance of legal counsel.

International students in the UK on a Student visa can work part-time during studies and full-time during breaks, with certain restrictions. Post-graduation, the Graduate visa enables full-time work for up to two years.

Tier 1 (Entrepreneur) visa holders face upcoming deadlines for Indefinite Leave to Remain (ILR) applications. Non-ILR applicants should explore alternative visa options like the Innovator Founder visa to remain in the UK.

The article discusses the regulatory landscape for NFTs in the UK, highlighting potential classification under cryptoasset or art market regulations, and the implications of UK anti-money laundering (AML) laws on businesses handling NFTs.