From 21st February 2022, the UK introduce a change to sanctions list format and structure. It will affect both the UK sanctions list and the Office of Financial Sanctions Implementation (OFSI) Consolidated List.
The new UK sanctions regimes came into force under the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act) on 31 December 2020. The regulations establishing these regimes apply in the whole of the UK, including in Northern Ireland.
Different sanction regimes are managed by different UK government departments:
- Financial sanctions: Office of Financial Sanctions
- Trade sanctions: Export Control Joint Unit
- Immigration sanctions: Home Office
- Transport sanctions: Department for Transport
The UK change to Sanctions list format will also affect the structure of the lists. Here’s a quick view of the details.
Changes to the UK sanctions list format
The changes to the format and structure of the UK sanctions list will include:
- Alias strength for UN listings;
- Data will be standardised (where possible) to remove duplications, unnecessary punctuation, and improve consistency;
- New fields will be created to improve the detail and structure of the data;
- Some field names will change to make their purpose clearer;
- ‘Name’ fields will be changing so that only SWIFT characters are accepted;
- Additional file formats are being introduced to improve range of data formats available: XML, HTML.
Changes to the OFSI Consolidated List
The changes to the structure of the OFSI Consolidated List will include:
- Seven new fields
- A new group type ‘Ship’ will be introduced
- The .xls format of the Consolidated List will be retired
OFSI will publish a new format guide to assist users of the Consolidated List. Existing fields will remain in place and Group IDs will not be changing.
Source: Guidance UK Sanctions List change to the list’s format
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