On 17 July 2025, the UK Office of Financial Sanctions Implementation (“OFSI”) launched a series of new online forms for parties looking to submit licence applications or report information such as suspected breaches of financial sanctions.
The new forms aim to streamline the submission process and to avoid incomplete or incorrect submissions through the introduction of mandatory fields and built-in guidance notes, thereby reducing the need for follow-up questions and enabling OFSI to provide quicker responses following submission.
OFSI has released pre-downloadable versions of the online forms for users to preview the questions and to begin using the forms in advance of their mandatory implementation. There will now be a transition period before mandatory implementation, during which time users can submit licensing and reporting information through either the current methods or by using the new pre-downloadable online forms and emailing these to the designated OFSI email address. OFSI has not confirmed when this transition period will end and is welcoming feedback on the pre-downloadable online forms.
After the transition period, the new online submission process will require all the necessary information to have been collected before starting the online form. The forms cannot be saved and edited later and so will need to be completed and submitted in a single session.
The forms which will be available online relate to:
- Licensing Application
- Financial sanctions suspected breach reporting
- Oil Price Cap suspected breach reporting
- Licence reporting (except Legal Services General Licence)
- Legal Services General Licence reporting
- Counter-terrorism suspected breach reporting
- Designated Persons reporting
- Frozen Asset reporting
- Immobilised Assets
- Compliance reporting
This OFSI site provides links to detailed pages for each of the above forms. The pages contain the pre-downloadable versions of the forms and list the information required for submission.
The authors acknowledge the contributions of Daniel Quirk to the preparation of this post.
