About us The Office of Financial Sanctions Implementation (OFSI) helps to ensure that financial sanctions are properly understood, implemented and enforced in the United Kingdom. The Office of Financial Sanctions Implementation (OFSI), which is a part of HM Treasury, enables financial sanctions to make the fullest possible contribution to the UK’s foreign policy and national security goals. It also helps to maintain the integrity of, and confidence, in the UK financial services sector.
OFSI’s approach is summarised by its compliance and enforcement model: promote, enable, respond and change. OFSI promotes and enables compliance through engagement and guidance.
However where there is suspected non-compliance, OFSI responds by intervening to disrupt attempted breaches and by addressing breaches effectively. OFSI does this to change behaviour and to promote further compliance with financial sanctions.
Link here: https://www.gov.uk/government/organisations/office-of-financial-sanctions-implementation/about