Giles Thomson took over as OFSI Director from Rena Lalgie last November. For the 5 previous years, Giles has been responsible for anti-money laundering (AML), counter-terrorism financing (CTF) and sanctions policy in HMT and has been the Head of the UK Delegation to the Financial Action Task Force (FATF).
In recognition of the growing importance of tackling economic crime to the government, and its interconnection with sanctions, Giles role as Director of OFSI has been expanded to include economic crime policy. This brings HMT’s sanctions policy and operational implementation roles together in one place and integrates them into the government’s broader economic crime agenda. Giles hopes to use this expanded role to build stronger links between sanctions and broader economic crime work, exploiting the large overlap in threats, issues and stakeholders