Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

FCG 7.4 Sources of further information

FCG 7.4.1

1To find out more on financial sanctions, see:

  1. • OFSI’s website: https://www.gov.uk/government/organisations/office-of-financial-sanctions-implementation

  2. • OFSI provides FAQs on financial sanctions- https://www.gov.uk/government/publications/financial-sanctions-faqs

  3. • Part III of the Joint Money Laundering Steering Group’s guidance, which is a chief source of guidance for firms on this topic: www.jmlsg.org.uk

FCG 7.4.2

To find out more on trade sanctions and proliferation, see:

  1. • Part III of the Joint Money Laundering Steering Group’s guidance on the prevention of money laundering and terrorist financing, which contains a chapter on proliferation financing that should be firms’ chief source of guidance on this topic: www.jmlsg.org.uk

  2. • The website of the UK’s Export Control Organisation, which contains much useful information, including lists of equipment requiring a licence to be exported to any destination, because they are either military items or ‘dual use’ https://www.gov.uk/government/organisations/export-control-organisation

  3. • The NCA’s website, which contains guidelines on how to report suspicions related to weapons proliferation:http://www.nationalcrimeagency.gov.uk/publications/suspicious-activity-reports-sars/57-sar-guidance-notes

  4. • The FATF website. In June 2008, FATF launched a ‘Proliferation Financing Report’ that includes case studies of past proliferation cases, including some involving UK banks. This was followed up with a report in February 2010:https://www.fatf-gafi.org/media/fatf/documents/reports/Typologies%20Report%20on%20Proliferation%20Financing.pdf . http://www.fatf-gafi.org/media/fatf/documents/reports/Status-report-proliferation-financing.pdf.