The UK has introduced the largest and most severe package of economic sanctions that Russia has ever faced. The UK government, along with international allies, is working strenuously to reduce Putin’s ability to wage war. As part of this package, …
The UK and Price Cap Coalition (G7 + Australia) partners have agreed tough and comprehensive sanctions on Russia’s most lucrative export: crude oil and refined oil products. We are collectively banning the import of Russian oil and oil products into …
As Directors of two of the world’s leading financial sanctions implementation authorities, we are committed to our close working relationship. As a testament to this ongoing commitment, on Thursday, 13 October, OFAC and OFSI concluded a multi-day technical exchange in …
Find out who needs to report to OFSI, what you need to report and how to do it
OFSI has issued a General Licence to allow the delivery of humanitarian assistance in Ukraine
OFSI's director Giles Thomson talks about new powers which come into force on 15 June and our approach to enforcement
The UK has in place extensive financial sanctions against Russia. Find out more about what these are and what you need to do
Find out more about what is permitted in dealing with Chelsea Football Club
OFSI has updated its charity sector guidance, adding new sections on Afghanistan and alternative remittance systems
What does "reasonableness" mean in licensing applications? Find out what to consider when applying for a licence from OFSI
Find out more about financial sanctions licences, including what licences allow and top tips for applying for a licence from OFSI