United Kingdom on International Trade & Investment

The UK Government has expanded OFSI's sanctions enforcement powers, broadened mandatory reporting to additional sectors, and codified annual asset reviews, enhancing compliance monitoring and enforcement efficiency.

The UK's financial regulators finalized Critical Third Party (CTP) rules effective January 2025, mandating stricter oversight of systemic service providers to bolster operational resilience and financial stability.

This article highlights the pressing need for organizations to adopt enterprise-wide frameworks to address emerging risks in an interconnected, volatile global landscape. WTW's survey of 333 executives reveals actionable insights, emphasizing technology, resilience, and future-proof risk strategies.