OFSI General Licences

Source: UK OFSI updates
Summary: The UK Office of Financial Sanctions Implementation (OFSI) has issued multiple general licences permitting specific activities under sanctions regimes. These include insolvency-related payments, business continuity for designated entities, humanitarian activities, legal services, and exemptions for essential services such as oil exports, banking, and telecommunications. The licences also cover payments for basic necessities, membership fees, and regulatory compliance. The names of sanctioned individuals or entities are listed in the original article on the UK OFSI website.
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Source: UK OFSI updates
Summary: The UK Office of Financial Sanctions Implementation (OFSI) has issued multiple general licences permitting specific activities under sanctions regimes. These include insolvency-related payments, business continuity for designated entities, humanitarian activities, legal services, and exemptions for essential services such as oil exports, banking, and telecommunications. The licences also cover payments for basic necessities, membership fees, and regulatory compliance. The names of sanctioned individuals or entities are listed in the original article on the UK OFSI website.
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