Financial Services
Commons · Question 3900 · Tabled 2 Sep 2024 · Treasury · Official record
Answered 9 Sep 2024
Question
Asked by Luke Charters
To ask the Chancellor of the Exchequer, whether her Department has plans to work with the regulatory technology sector to improve sanctions screening in financial services.
Answer
Answered by Tulip Siddiq, 9 Sep 2024
The Office of Financial Sanctions Implementation (OFSI) within HM Treasury is responsible for ensuring financial sanctions are properly understood, implemented and enforced. OFSI regularly engages with the financial services sector including through issui...