New OFSI–OFAC Joint Guidance: Comparative Overview of UK and U.S. Sanctions Regimes

In January 2026, the UK’s Office of Financial Sanctions Implementation (OFSI) and the U.S. Office of Foreign Assets Control (OFAC) met in London for the latest in-person exchange under the UK-US Enhanced Partnership.

Today, we’re publishing new joint guidance to help businesses navigate important differences and similarities between the UK and U.S. sanctions regimes. The guidance compares important aspects of the U.S. and UK sanctions regimes, including sanctions lists, licences, record keeping and reporting requirements. 

Read the guidance: The U.S. and UK Economic Sanctions Authorities: A Comparative Overview

For more on the partnership and the thinking behind the publication, read our accompanying blog.

As the Enhanced Partnership enters its fifth year, the core mission remains clear: sanctions should deliver maximum impact, minimise unintended consequences and be easy to understand and implement, whilst deterring non-compliance.

We look forward to continuing this close cooperation and to the next OFAC-OFSI exchange in Washington DC.