United Kingdom government’s economic and finance ministry. It maintains control over public spending, sets the direction of the UK’s economic policy and works to achieve strong and sustainable economic growth. HM Treasury is also responsible for the implementation and administration of international financial sanctions in effect in the UK, for domestic designations under the Terrorist Asset-Freezing etc. Act (TAFA) 2010, licensing exemptions to financial sanctions, and directions given under Schedule 7 to the Counter-Terrorism Act 2008, and under Council Regulation (EU) No.833/2014, concerning Russia’s actions in Ukraine. The UK government launched in April 2016 the Office of Financial Sanctions Implementation (OFSI), as part of UK HM Treasury. https://www.gov.uk/guidance/sanctions-embargoes-and-restrictions

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