By Maya Lester KC & Michael O’Kane

Licence applications in the event of no-deal Brexit

OFSI has updated information regarding licence applications in the event of a no-deal Brexit. The Sanctions and Anti-Money Laundering Act 2018 ensures that existing sanctions regimes continue after the UK leaves the EU, see general guidance. Any existing financial sanctions licences issued by the Treasury will remain valid until: ·        The date they are replaced by a licence under the…...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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