7 FAQs added regarding OFSI General Licence INT/2025/5787748 On 23 December, 7 FAQs were added to OFSI's FAQ page. FAQs Q177-Q183 were added to answer questions about the remit and reporting of the Arbitration Costs General Licence. Here is the new FAQ section: General Licence INT/2025/5787748 177. When should arbitrators and/or arbitration associations use the General Licence? In cases where they are receiving, directing or using funds from, or on behalf of, a designated person (DP) to pay for the costs of an arbitration.

The UK has a number of sanctions that can be engaged by crypto-related activities. Most notably, its asset freeze restrictions prohibit making...

The UK has a number of sanctions that can be engaged by crypto-related activities. Most notably, its asset freeze restrictions prohibit making...

The UK has a number of sanctions that can be engaged by crypto-related activities. Most notably, its asset freeze restrictions prohibit making...

Based on the OFSI "Notice_Russia_091225" issued on December 9, 2025, here are the re-formatted listings for the individual additions, followed by supplemental information. Individuals 1. MIKHAIL SERGEEVICH ZVINCHUK Group ID: 17242 DOB: 19/07/1991123 POB: Vladivostok, Russia456 Nationality: Russia789 National Identification Number: INN: 253716334825101112 Address: Block B, 86 Nizhegorodskaya Street, Nizhegorodsky Municipal District, Moscow, Russia, 109052131415 Position: Director General of RYBAR LLC161718…

Based on the Office of Financial Sanctions Implementation (OFSI) update for the Cyber sanctions regime dated 04/12/2025, the following additions have been made. Individuals Boris Alekseyevich ANTONOV Group ID: 17227 Name (non-Latin script): Борис Алексеевич АНТОНОВ Nationality: Russia Address: Russia Other Information: (UK Sanctions List Ref): CYB0104. UK Statement of Reasons: The Secretary of State considers that there are reasonable grounds to suspect that as part of Unit 26165, Boris ANTONOV has been involved in relevant cyber activity in that he was responsible for, engaging in, providing support for, or promoting the commission, planning or preparation of relevant cyber activity.

Assessment of threats to UK financial sanctions compliance: a report from OFSI to support a risk-based approach to compliance in Legal Services.

On 12 September, an article from Greenberg Traurig following a recent enforcement action which the firm says offers another example of OFSI’s emphasis on encouraging organisations to establish effective, robust, and appropriate compliance procedures, systems, and controls to mitigate the risk of violations.

The UK government is signalling a sharper, more assertive approach to sanctions enforcement. Businesses need to pay attention   On July 22, 2025, the Office of Financial Sanctions Implementation (OFSI) published a major consultation paper proposing reforms that could transform how civil breaches of financial sanctions are investigated and penalised in the UK. The changes aim to increase the transparency, effectiveness and deterrent impact of OFSI’s enforcement regime.

On 22 July 2025, the UK’s Office of Financial Sanctions Implementation (OFSI) launched a major consultation proposing wide-ranging enhancements...

On 4 June, OFSI said that this series of videos provide high-level, accessible guidance on OFSI’s processes and how to comply with financial sanctions obligations, covering a variety of topics.

British property management firms are almost certainly helping Russians who own property in the UK to sidestep sanctions, a new report has found.

On 21 April, an article from K&L Gates said that the Assessment has raised red flags with regards to suspected sanctions breaches involving UK legal services providers since February 2022; and that the Assessment sets out 4 key findings relevant to UK legal services providers from February 2022 to present.  It notes that OFSI encourages legal services providers to both report now and retrospectively, where appropriate and proportionate, if they suspect a breach linked to the content of this Assessment. 

In its first-ever threat assessment of the UK legal sector, the UK’s Office of Financial Sanctions Implementation (OFSI) has raised red flags...

On 14 March, OFSI issued a Notice saying that enforcement action has been taken against 3 Non-Governmental Organisations (NGO) for failing to respond to OFSI’s requests for information. However, OFSI assess the breach to be of moderate severity and therefore disclosure is deemed to be the most appropriate and proportionate enforcement action. The 3 NGO, all of which are on the Charity Commission Register, were Sahara Hands; Peculiar Peoples’ Palace Ministries; and Impact Planet.