Go to content
${facet.Name} (${facet.TotalResults})
${item.Icon}
${ item.Overline }
${ item.Title }
${ item.Date } | ${ item.Authors }
${ item.PhoneNumber } ${ item.Email }
${ item.ShortDescription }
${ item.SearchLabel?.ViewModel?.Label }
See all results
${facet.Name} (${facet.TotalResults})
${item.Icon}
${ item.Overline }
${ item.Title }
${ item.Date } | ${ item.Authors }
${ item.PhoneNumber } ${ item.Email }
${ item.ShortDescription }
${ item.SearchLabel?.ViewModel?.Label }
See all results
  1. Home
  2. Our Blogs
  3. Regulatory
  4. OFSI launches new financial sanctions FAQs

OFSI launches new financial sanctions FAQs

14 May 2024
|

On 1 May 2024, the UK Office of Financial Sanctions Implementation (OFSI) introduced the financial sanctions Frequently Asked Questions (FAQs) as additional guidance.

These FAQs offer accessible answers to common compliance queries, especially regarding sanctions related to countries or industries, or high-risk jurisdictions.

It is important to consult these FAQs alongside existing guidance and legislation, with the latter taking precedence. For specific cases, seeking independent legal advice is recommended by OFSI.

The FAQs can be found here.

Authors
Aki Corsoni-Husain
Partner | Funds & Regulatory | London
Juan Pablo Urrutia
Partner | Funds & Regulatory | Cayman Islands
Mirza Manraj Harneys front portrait image on a grey background
Mirza Manraj
Counsel | Funds & Regulatory | Hong Kong
Kimberly Seagojo Harneys front portrait image on a grey background
Kimberly Seagojo
Senior Associate | Funds & Regulatory | British Virgin Islands