Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will allocate additional resources to the Office of Financial Sanctions Implementation to ensure that sanctions linked to the war in Ukraine can be fully enforced as the number of individuals and organisations on the sanctions list increases.
In Jan-22, the Office of Financial Sanctions Implementation (OFSI) had 42.15 active staff. OFSI is expecting to at least double in size over the next financial year to around 100 staff. These roles will be at all levels of the organisation across both London and Darlington.