Key Takeaways On 9 February 2026, the UK’s OFSI released its updated enforcement and monetary penalties guidance, introducing several changes to the enforcement framework, following a 12-week consultation process. Key changes include: (i) a new early account scheme to help expedite investigations; (ii) an updated case assessment framework for penalty calculations (including a new focus on the strategic priority of the relevant sanctions regime); (iii) a new settlement scheme with a 20% discount; and (iv) fixed penalties for information and licensing offences. OFSI also announced on 29 January 2026, via its blog,1 that it would be doubling the maximum penalty amount for financial sanctions breaches to the greater of £2 million or the total value of the breach.