OFSI | AMLP Forum

OFSI imposes a £1M penalty on Sabre Global Technologies for breaching UK sanctions against Russia and attempting to circumvent payment restrictions, marking the largest UK sanctions penalty

by AdrianaAMLP | Jun 17, 2026

OFSI fined Sabre Global Technologies Limited £1,000,920.59 after finding that it made funds and economic resources available to designated Russian carrier Ural Airlines for seven months after its UK designation, including continued access to its Global Distribution...

OFSI fines Deutsche Bank’s London branch £165,000 for processing £635,618.75 to an entity linked to a UK-sanctioned individual due to inadequate ownership and control checks

by Jyotsna Bucktowar | May 22, 2026

The case highlights weaknesses in sanctions screening and due diligence controls, where the bank did not properly detect that the counterparty was effectively controlled by a sanctioned individual, leading to prohibited funds being made available. The penalty was...

OFSI marks 10 years as an intelligence-led sanctions authority, strengthening global enforcement and partnerships while tackling rising risks from evasion, digital assets, and geopolitical instability

by Jyotsna Bucktowar | May 11, 2026

It emphasises OFSI’s strengthened enforcement and licensing capabilities, closer collaboration with international partners and the private sector, and increased focus on intelligence-led, data-driven supervision. The post also looks ahead to the future, stressing the...

UK publishes its Strategic Approach to Sanctions Enforcement, a cross-government framework to drive compliance, clarify penalties, and strengthen sanctions as a national security and foreign policy tool

by AdrianaAMLP | Mar 10, 2026

The framework brings together authorities including HM Treasury, the Foreign, Commonwealth & Development Office, HMRC, the National Crime Agency and specialist units such as OFSI to deliver a coordinated, intelligence-led enforcement model targeting sanctions...

OFSI launches call for evidence on how UK sanctions regulations on ownership and control are applied in practice aiming to ensure the regime is clear, effective, and workable – deadline 13 Apr 2026

by AdrianaAMLP | Feb 16, 2026

The call for evidence invites firms and stakeholders to provide practical insights on how the ownership and control test is applied, including challenges in assessing “control”, the prevalence of hypothetical control scenarios and the impact on compliance costs, legal...

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OFSI imposes a £1M penalty on Sabre Global Technologies for breaching UK sanctions against Russia and attempting to circumvent payment restrictions, marking the largest UK sanctions penalty

OFSI fines Deutsche Bank’s London branch £165,000 for processing £635,618.75 to an entity linked to a UK-sanctioned individual due to inadequate ownership and control checks

OFSI marks 10 years as an intelligence-led sanctions authority, strengthening global enforcement and partnerships while tackling rising risks from evasion, digital assets, and geopolitical instability

UK publishes its Strategic Approach to Sanctions Enforcement, a cross-government framework to drive compliance, clarify penalties, and strengthen sanctions as a national security and foreign policy tool

OFSI launches call for evidence on how UK sanctions regulations on ownership and control are applied in practice aiming to ensure the regime is clear, effective, and workable – deadline 13 Apr 2026

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