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Giles Thomson

Giles Thomson is the Director of Economic Crime and Sanctions at HM Treasury.

He is responsible for the UK’s AML/CTF policy, is the UK’s Head of Delegation to the Financial Action Task Force and runs OFSI – the UK’s competent authority for the implementation and enforcement of financial sanctions. He has close to twenty years' experience in a range of roles across government, working extensively on economic crime policy before joining OFSI in November 2020.

New reporting requirements for Designated Persons under the Russia Regime

Posted by: , Posted on: - Categories: Compliance, Russia

In June 2023, the UK government announced that it would be introducing two new reporting measures. These are to strengthen transparency of frozen assets in the UK and assist HM Treasury in monitoring compliance with, and detecting evasion of, financial …