Office of Financial Sanctions implementation
OFSI launches import/export FAQs.
OFSI has launched new guidance for importers and exporters. This is the second of our sector-specific FAQs and looks at financial sanctions for businesses operating abroad.
We address the difference between trade and financial sanctions, and when you may need to apply for an OFSI licence as well as an Export Control licence.
To see our importers and exporters FAQs
Source: HM Treasury