A transaction filter for an on-chip communications network is disclosed. In one embodiment, an integrated circuit (IC) include a number of functional circuit blocks, some of which may be placed in a sleep mode (e.g., power-gated). The IC also includes a number of transaction filters that are each associated with a unique one of the functional circuit blocks. Responsive to its associated functional circuit block generating a transaction, a given transaction filter may determine whether the functional circuit block to which the transaction is destined is in a sleep mode. If it is determined that the transaction is destined for a functional circuit block that is currently in the sleep mode, the transaction filter may block the transaction from being conveyed.