| Source: UK OFSI updates |
| Summary: The UK Office of Financial Sanctions Implementation (OFSI) has issued multiple general licences permitting specific activities under financial sanctions regimes. These include insolvency-related payments, business continuity for designated entities, humanitarian activities, legal services, and payments for essential services such as oil exports, arbitration costs, and membership fees for international organisations. The licences also cover exemptions for certain financial transactions, including those related to the oil price cap, correspondent banking, and third-party brokerage accounts. The names of sanctioned individuals or entities are listed in the original article on the UK OFSI website. |
| Read full article → |
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 financial sanctions regimes. These include insolvency-related payments, business continuity for designated entities, humanitarian activities, legal services, and payments for essential services such as oil exports, arbitration costs, and membership fees for international organisations. The licences also cover exemptions for certain financial transactions, including those related to the oil price cap, correspondent banking, and third-party brokerage accounts. The names of sanctioned individuals or entities are listed in the original article on the UK OFSI website. |
| Read full article → |
Geef een reactie