Context
From February 2022 the structure and format of the UK Sanctions List will be changing. OFSI’s consolidated list will also be changing to align with the UK Sanctions List.
Key points to note
FCDO has published guidance around these changes including:
- New fields
- Name changes to existing fields
- A sample blank template showing the changes
Guidance has been published on the gov.uk website. A webinar will be run by FCDO and OFSI in the New Year to discuss the changes and answer any questions, which can be e-mailed to sanctions@fcdo.gov.uk or ofsi@hmtreasury.gov.uk. You can register for the webinar via Eventbrite.
Next actions
Any firms who download and use the Sanctions List will need to review the changes and take any necessary action to change to how they download, store and use them