Enforcement
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 …
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