EU Sanctions – End of the Transition Period

Please see the following update from HM Treasury – on the website you can search by country.

The transition period has ended. The UK is no longer implementing EU sanctions. All sanctions regimes will now be implemented through UK regulations.

As a result, OFSI has updated:

• The consolidated list of asset freeze targets to reflect the UK designations made under Sanctions Act Regulations.
• Our financial sanctions regime pages with links to the current UK legislation, some regime name changes and current regime lists
• The licensing application page which now includes the Sanctions Act licence application form.

OFSI has published a bridging document for those who wish to use it, to help facilitate sanctions screening as a result of the changes to the Consolidated List made at the end of the transition period.
For more information about changes to the consolidated list, read the notice here.

For more detailed information on the end of the transition period, please read OFSI’s blog.

For more information on UK sanctions legislation and designations, please contact sanctions@fcdo.gov.uk