'Likely' not all suspected sanctions breaches reported - UK government

Some UK financial services firms are 'likely' (55-75% probability) not self-disclosing all suspected breaches of UK sanctions programmes, according to the Office of Financial Sanctions Implementation's (OFSI) threat assessment for the sector, published in February.

Some UK financial services firms are 'likely' (55-75% probability) not self-disclosing all suspected breaches of UK sanctions programmes, according to the Office of Financial Sanctions Implementation's (OFSI) threat assessment for the sector, published in February [2025]. [1]