The critical role that financial sanctions have played in the international coalition’s response to Russia’s invasion of Ukraine has further demonstrated what a crucially important tool they are for the UK to protect its national security and financial integrity. As …
The trust services sanctions came into effect on 16 December 2022. These are financial sanctions, for which the Office of Financial Sanctions Implementation (OFSI) is responsible, while the Department for Business and Trade is responsible for professional and business services …
OFSI has received unprecedented numbers of licence applications to permit prohibited transactions or activities owing to more sweeping and far-reaching sanctions imposed relating to Russia and Belarus. Many of these applications involve UK persons who are owed money by Russian …
The Legal Services General Licence (INT/2022/2252300) expired on 28 April 2023 and is no longer valid. All reported use of General Licence INT/2022/2252300 should be sent to OFSI by 5 May 2023. OFSI has reviewed the reported use of …
OFSI has issued a General Licence to allow the delivery of humanitarian assistance in Ukraine
OFSI has updated its charity sector guidance, adding new sections on Afghanistan and alternative remittance systems
Find out what you need to know about financial sanctions at the end of the transition period
The Charity Commission has written a guest blog for OFSI highlighting what charities need to keep in mind when managing their sanctions risk
How do I know if I am dealing with someone who is sanctioned? Read our latest blog to find out more.
Find out what OFSI got up to in the last financial year by reading our latest annual review