On 1 May 2024, the Office of Financial Sanctions Implementation (OFSI) published Frequently Asked Questions. The FAQs constitute a new form of additional guidance aimed at providing technical support to industry partners and the public. They are designed to offer easily accessible responses to commonplace compliance questions. This may be through navigating sanctions relating to specific countries or industries or operating in high-risk jurisdictions. OFSI does not generally accept individual requests for new FAQs. However, OFSI will look to publish FAQs when they would benefit a significant portion of industry or the public. OFSI recommends reviewing the FAQs alongside existing guidance and legislation, which take precedence.

The FAQs are accessible directly from the OFSI guidance page on GOV.UK.