The inquiry will also explore the confiscation of frozen Russian assets and whether sanctions should cover buyers of Russian oil and gas.
March 6, 2024The guidance is intended for firms operating within UK territories or dealing with UK-affiliated entities.
February 29, 2024Iran allegedly used front companies in the UK to conceal real ownership and receive funds at accounts at two of the UK's largest banks.
February 6, 2024The coordinated US and UK asset freezes and travel bans target Hamas leaders and financiers throughout the Middle East.
December 14, 2023UK sanctions 46 individuals and entities, including companies in Belarus, China, Serbia, Turkey the UAE, and Uzbekistan, with links to Russian military sales.
December 7, 2023OFSI blog post summarises an October 2023 decision upholding the agency's power to deny licence requests under the UK Russia sanctions regulations.
November 29, 2023The updated guidance clarifies that political leaders are not presumed to control public bodies or private companies for the purposes of UK sanctions, in response to a recent court decision.
November 20, 2023US and UK sanctions authorities have worked closely together over the past year as the UK continues to define its post-Brexit sanctions regime.
November 16, 2023Latest coordinated US and UK sanctions target Hamas leadership and financial channels in the Middle East.
November 15, 2023The updated guidance addresses uncertainties regarding funds received from sanctioned banks when neither the sender nor recipient are designated persons.
September 30, 2023