Articles from 2026

Please be advised that details in respect of the following individual, who has been designated under The Russia (Sanctions) (EU Exit) Regulations 2019 , have been amended: Name: OFSI Group ID Unique ID: John Michael ORMEROD 16863 RUS2639 The above entity is still subject to an asset freeze and trust services sanctions. The individual referred to above appears on the UK sanctions list, which can be...

The Commission has reiterated its commitment to supporting innovation in financial services through the Innovation Sandbox + Concierge which was launched in October 2025 as part of the Digital Finance Initiative (DFI). The Sandbox builds on the previous arrangements known as the Innovation Soundbox. It offers firms a structured environment in which to develop and launch innovative products and...

This is a further reminder that, as of the 28 th of January 2026, OFSI’s Consolidated List of Asset Freeze Targets will no longer be updated. From this point onwards, the only reliable source for UK sanctions designations will be the UK Sanctions List (UKSL) , published by the Foreign, Commonwealth and Development Office. This means that compliance systems that source data from the OFSI...