by Jyotsna Bucktowar | May 8, 2026
The May 2026 update primarily refines Annex 1 of the UK Government’s Strategic Approach to Sanctions Enforcement by reflecting the expanded licensing role of the Office of Trade Sanctions Implementation (OTSI). It clarifies and realigns responsibilities for handling...
by Jyotsna Bucktowar | Apr 13, 2026
This expands OTSI’s current remit, which covers licensing for sanctioned standalone services. Licensing of goods and ancillary services subject to export controls only, or to both strategic export controls and sanctions, will continue to be managed by the Export...
by Jyotsna Bucktowar | Sep 16, 2024
The OTSI will be responsible for the enforcement of UK trade sanctions, ensuring compliance with UK laws on financial, commercial, and trade-related restrictions. The OTSI will work closely with international counterparts to ensure the UK’s sanction policies...
by Jyotsna Bucktowar | Dec 16, 2023
OTSI is a strategic move by the UK Govt to tighten the screws on companies evading Russian sanctions, further strengthening the UK’s sanctions system. OTSI is set to launch in early 2024 and will sit alongside the OFSI…
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