| New guidance for non-UK businesses |
New guidance for non-UK businesses The Foreign, Commonwealth and Development Office (FCDO) has published new sanctions guidance to support non-UK businesses. A link to the landing page can be found here, with a link here to the general guidance. The guidance provides information about UK sanctions relevant to non-UK businesses operating outside the UK. The guidance summarises the scope and requirements of UK sanctions, and outlines the risks of non-compliance for non-UK businesses, particularly if they have business dealings with the UK. The guidance provides practical advice on how to implement good compliance practices, and avoid becoming complicit in circumvention of UK sanctions. The guidance includes country-specific guides for businesses in Armenia, Georgia, Kazakhstan, Kyrgyzstan, and Uzbekistan. These contain additional information about local laws and regulations which may be relevant to sanctions compliance for businesses operating in these countries. Pages are available in English, as well as in translation into Russian, Turkish, Thai, Georgian and Armenian. |
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