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ARTICLE · 05 MAY 2026

OFSI's Strategy 2026-29: Key Takeaways

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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The Office of Financial Sanctions Implementation (“OFSI”)’s new strategy sets out its framework and commitments for 2026-2029, highlighting a proactive approach to UK financial sanctions compliance and enforcement.

GuernseyCriminal Law
Susannah Cogman
Susannah Cogman
Robert Hunt
Robert Hunt
Kate Meakin
Kate Meakin
Elizabeth Head
Elizabeth Head
Eamon McCarthy-Keen
Eamon McCarthy-Keen
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The Office of Financial Sanctions Implementation (“OFSI”)’s new strategy sets out its framework and commitments for 2026-2029, highlighting a proactive approach to UK financial sanctions compliance and enforcement. 

In April 2026, OFSI published its Strategy paper outlining its ambitions and agenda for 2026-29 (the "Strategy").

The Strategy, which is framed around the guiding principles of Promote, Enable, Respond, and Change ("PERC"), highlights OFSI's enforcement record and plans over the next three years, including, at a high-level, investing in AI-assisted technology across its enforcement, licensing and intelligence functions, promoting greater engagement with industry, law enforcement and wider partners, and providing greater clarity on timeframes for licensing and enforcement decisions. This article examines the key elements of the Strategy together with practical implications for businesses. 

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