Placeholder Picture

10 general financial crime questions. Select a number from the menu bar, or select a question from the headings below.  No tracking or scoring is built into the quiz. If you want to keep a record of your progress please do so separately.  You can return to the quiz index by clicking 'H' in the menu bar.

Question 2
H 1 2 3 4 5 6 7 8 9 10
Q2 - Financial Sanctions in the UK

The Foreign, Commonwealth and Development Office (FCDO):

  • is responsible for the UK’s international sanctions policy, including all international sanctions regimes and designations
  • negotiates all international sanctions

HM Treasury is responsible for UK implementation of financial sanctions restrictions (put in place by the UN or UK) to achieve a specific foreign policy or national security objective, such as, to:

  • limit the provision of certain financial services
  • restrict access to financial markets, funds and economic resources

Breaching financial sanctions is a serious criminal offence.

Question - Which UK agency provides an online blog to aid understanding of the implementation and enforcement of UK financial sanctions?

You selected 'NCA'


The National Crime Agency (NCA) leads UK law enforcement’s response to sanctions evasion and its International Corruption Unit (ICU) supports HM Treasury with the enforcement of financial sanctions, but the NCA does not maintain an online 'Financial Sanctions' blog.

See also: NCA website on Financial Sanctions

To reset the question - 'Click here'

You selected 'OFSI'


The Office of Financial Sanctions Implementation (OFSI):

  • is part of HM Treasury
  • leads on implementation and enforcement of financial sanctions applicable in the UK
  • is the agency which hosts a 'Financial Sanctions Blog'

To reset the question - 'Click here'

You selected 'FCA'


Regulated firm's should deploy systems and controls to mitigate financial sanctions risk. The Financial Conduct Authority's (FCA's) Financial Crime Guide (FCG) includes examples of good practice for sanctions systems and controls, but the FCA does not maintain an online 'Financial Sanctions'blog.

See also: FCA website on Financial Sanctions

To reset the question - 'Click here'

You selected 'HMRC'


Her Majesty's Revenue and Customs (HMRC) is an anti-money laundering supervisor of firms which are not supervised by the FCA or Gambling Commission, and not covered by the supervision of the Office for Professional Body Anti-Money Laundering.

HMRC does not maintain an online 'Financial Sanctions' blog.

To reset the question - 'Click here'

To exit the quiz and go to SYSC326 home page, click - 'Home'

Our Services
Placeholder Picture
Useful links
Law Society (E&W)


Gambling Commission

FCA Press Releases

FCA Fines

SYSC326 Services