By Maya Lester KC & Michael O’Kane

Licensing

The UK Office of Financial Sanctions Implementation grants licences (exceptions) to some UK sanctions measures (including asset freezing prohibitions). The Sanctions Act providing the legal framework for licensing is here. Guidance on UK licensing is as follows: ‘Exceptions and Licensing’ in OFSI Financial Sanctions General Guidance Guidance on Licences that allow activity prohibited by financial sanctions ‘Licensing’ in OFSI Charity…...

This content is for subscribers only

To continue reading please login or subscribe.

Share this page on: