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UK Risk and Compliance update: OFSI/OTSI sanctions general licences, FATF list revisions, ransomware supply-chain guidance, forced-labour response, and Employment Rights Bill consultations (30 October 2025)

Published on: 30 October 2025

Published by a LexisNexis Risk & Compliance expert
Legal News
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Article summary

In this issue:

  • Sanctions
  • AML, CTF & counter-proliferation financing
  • Supply chain
  • Other Risk & Compliance updates this week
  • Daily and weekly news alerts
  • Trackers
  • New and updated content

Sanctions

OFSI updates UK Financial Sanctions FAQs

OFSI has refreshed the UK Financial Sanctions FAQs, adding FAQs 170 and 171 linked to the recently published Legal Services General Licence INT/2025/7323088. FAQ 170 sets out the principal amendments made by the licence, together with their implications for law firms, legal advisers, counsel, and providers of expenses. FAQ 171 confirms the licence allows fees to be paid from overseas into UK bank accounts, or specified non-UK accounts, where all licence terms are satisfied. FAQs 54 and 76 have also been moved to the withdrawn FAQs document. See: LNB News 27/10/2025 30.

OTSI announces updates to licensing platform for sanctioned trade services

The Office of Trade Sanctions Implementation (OTSI) has revealed a series of improvements to its digital licensing portal for sanctioned trade activities. Enhancements include adoption of GOV.UK One Login and a new ‘save and return’ function, both designed to streamline the licence application journey. See: LNB News 27/10/2025 14.

OFSI amends Iran sanctions licence definitions for...

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