OFSI and OFAC publish comparative guide outlining key similarities and differences between UK and U.S. sanctions regimes, covering sanctions lists, licensing, reporting and recordkeeping

The guidance, published on 23 June 2026, compares key aspects of the two sanctions systems, including organisational responsibilities, legal frameworks, sanctions terminology, jurisdictional reach, prohibited activity, permitted activity and reporting obligations. It supports private-sector compliance by highlighting both alignment and divergence…