Myanmar/Burma Sanctions: UK Firm Risk Guide
Certivus AML team7 minUpdated 2026-06-27
In brief: Myanmar/Burma sanctions risk should be assessed through current UK sanctions sources, party screening, ownership checks, sector exposure, and matter-specific evidence.
Key points
- Check the current UK regime and OFSI list before acting.
- Review ownership, control, counterparties, sectors, and payments.
- Document why the firm continued, paused, or escalated.
Myanmar/Burma sanctions risk
Myanmar/Burma sanctions can matter where a client, counterparty, beneficial owner, payment, sector, or service connects to the jurisdiction. For UK professional firms, the key is to avoid generic country-risk assumptions and review the actual matter.
What to check
- Client and counterparty screening.
- Ownership or control links.
- Sector, goods, or services involved.
- Payment source and route.
- Whether the firm is being asked to help create distance from a restricted party.
Recordkeeping
Keep screening evidence, ownership notes, client explanation, source-of-funds checks, escalation, and final decision.
Always check current official sources before deciding. UK firms should start with the UK sanctions list, the OFSI consolidated financial sanctions list, and the relevant GOV.UK regime pages.