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OFSI publishes its 2021-22 Annual Review

Link(s):OFSI_Annual_Review_2021-22_10.11.22.pdf (publishing.service.gov.uk)

Context

OFSI has published its Annual Review for 2021-22.  In light of the role OFSI has played in the UK’s response to the Russian invasion of Ukraine, it has included additional reporting on data from 24th February to 24th August 2022 (the first 6 months of the war) as well as reporting data from financial year 2021 to 2022.

Key points to note

OFSI’s Annual Review includes sections on:

  • Engagement
  • Changes to the Consolidated List
  • Frozen Asset Review
  • Licensing
  • Counter Terrorism Sanctions
  • Enforcement

Next actions

None – for information and awareness.