Guidance

UK Financial Sanctions FAQs

OFSI publishes FAQs providing short-form guidance and technical information on financial sanctions.

From:
Office of Financial Sanctions Implementation
Published
1 May 2024
Last updated
2224 October 2025 — See all updates

Documents

UK Financial Sanctions FAQs

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UK Financial Sanctions FAQs (Withdrawn FAQs)

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Details

OFSI publishes FAQs providing short-form guidance and technical information on financial sanctions. These include FAQs relating to:

  • Specific regimes and countries
  • Licensing
  • Russian oil services ban
  • Definitions

Updates to this page

Published 1 May 2024
Last updated 2224 October 2025 + show all updates

  1. New FAQs 170 and 171 added and FAQs 54 and 76 withdrawn.

  2. FAQ 169 added regarding OFSI General Licence INT/2025/7598960.

  3. FAQ 168 added

  4. FAQs 165-167 added for General Licences covering water, utility and banking bills and fees.

  5. FAQ's Q162-164 added regarding General Licence INT/2025/6641960

  6. FAQs 154-161 added.

  7. Online form link for required payment exception added.

  8. FAQ 153 added.

  9. FAQ 149. What constitutes an economic resource? added. FAQ 150-151 for Crown Dependency or Overseas Territory added. FAQ 152 When should securities held at designated local Russian registrars be reported to OFSI? added. FAQ 123-124 moved to withdrawn FAQs.

  10. Q148 amended to remove reference to Bank Otkritie

  11. FAQs 146-148 added.

  12. 1 FAQ added Q.145

  13. FAQ 1: link added for signing up to the new joint UK sanctions email alert service, provided by the Foreign, Commonwealth & Development Office (FCDO), the Office of Financial Sanctions Implementation (OFSI) and the Office of Trade Sanctions Implementation (OTSI).

  14. 13 new added FAQs about relevant firms.

  15. FAQ 130 amended to reflect revoked General licences.

  16. FAQs 125-131 added.

  17. FAQ 124 added

  18. FAQ 123 added.

  19. FAQs 49-51, 55, 61-66, 72-73, 76 and 84 amended to reflect new Legal Services General Licence INT/2024/5334756.

  20. FAQ added for General Licence INT/2024/4919848 and Trust services

  21. 20 questions added to the Russia section

  22. FAQs added: FAQ 92, FAQ 93, FAQ 94, FAQ 95, FAQ 96, FAQ 97, FAQ 98 Subheading added: Trust Services Sanctions Subheading added: General Licence INT/2024/4919848

  23. FAQs 35 and 36 added

  24. FAQ 1 was amended on 8 May 2024 to include a link to the FCDO's E-Alert Service.

  25. First published.

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