Vansh Gupta

Solicitor, Fieldfisher

Vansh is a Senior Associate in the trade team of Fieldfisher LLP with 8 years' experience as a sanctions and trade lawyer.

He regularly gives practical advice to business and government in complex interactions of law, politics and economics. Before joining Fieldfisher, Vansh was a trade lawyer and negotiator for the UK Department for International Trade and HM Treasury. He has been involved in nearly all of the UK's international trade agreements following its exit from the European Union.

Contributed to

2

Trade sanctions—offences

Practice Notes

This Practice Note explains the offences for failing to comply with trade sanctions under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA 2018). It provides an introduction to the power to create offences under SAMLA 2018 and an explanation of typical scope of trade sanctions offences, information on exclusions and defences to trade sanctions breaches, including the issue of licences exempting certain activities from trade sanctions by various bodies within the Department for Business and Trade, including the Office of Trade Sanctions Implementation (OFSI). It also explains how corporate bodies can be liable for trade sanction offences as well as the maximum sentences which may be imposed following conviction for trade sanctions offences.

Corporate Crime

Understanding the UK trade sanctions regime

Practice Notes

This Practice Note explains what trade sanctions under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA 2018) are and to whom they apply. It explains how trade sanctions are administered and who trade sanctions apply to. It also explains how trade sanctions are enforced, what penalties may be imposed for breach and introduces compliance considerations.

Corporate Crime