The Office of Trade Sanctions Implementation (OTSI) will soon be expanding its licensing role. From Monday 27 April, OTSI will become responsible for licensing sanctioned goods (and associated ancillary services) for export to sanctioned destinations. This builds on OTSI’s existing responsibilities for licensing sanctioned standalone services, such as professional business services. Licensing goods and ancillary services which are subject …
Why does reporting matter? The Office of Trade Sanctions Implementation (OTSI) is responsible for enforcing UK trade sanctions relating to sanctioned services and the movement of sanctioned goods overseas. These sanctions are restrictive measures set by government to comply with UN obligations, promote international peace, support national security, and prevent terrorism. Sometimes, …
OTSI has now introduced GOV.UK One Login and a new ‘save and return’ feature to apply for a licence to provide sanctioned trade services. The changes are designed to give businesses more flexibility and security when applying for licences using …
OTSI is committed to sharing information with businesses to support their compliance with trade sanctions. This might be in the form of a disclosure linked to enforcement action, or updated guidance. It could also be in the form of blogs, …
At the Office of Trade Sanctions Implementation (OTSI), we recognise that trade can be a complex area, particularly when it comes to understanding and complying with trade sanctions. Our goal is to equip UK businesses with up-to-date knowledge that enables …
Welcome to the Office of Trade Sanctions Implementation (OTSI) blog, where you will find helpful information about the work we do and see updates on our latest developments. What are trade sanctions and why do we use them? The UK’s …