Guidance: Financial sanctions general guidance

General guidance for UK financial sanctions

General guidance for UK financial sanctions covering:

Updated to reflect the closure of the OFSI Consolidated List on 28 January 2026. The UK Sanctions List is now the only source for all UK sanctions designations.

Section 6.21 (HM Treasury debt exception) amended to clarify that the reference in the exception to an obligation owed by HM Treasury to a UN DP should also include an obligation owed by any other person to the UN DP in respect of HM Treasury debt.

Designated Money Service Businesses added to section 6.6.

Online form link added for sections 5.1.3, 5.3, 6.12

Addition to General guidance - section 5.12 - Confidential Reporting to OFSI

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).

Section 1.2 table updated to include OTSI.

UK financial sanctions general guidance updated

Guidance amended to include reference for inclusion of designated persons subject to the reporting requirements in Regulation 38A of the Belarus Regulations and monetary penalties for breaches of reporting obligations.

A correction has been made in relation to section 4.1 Ownership and control. Specifically, text in the second example has been corrected to reflect the exercise of control between Person A and Person B.