Webb10 juli 2024 · Frankfurt, October 7, 2024 Only a few days after the U.S. Office of Foreign Asset Control (OFAC) granted an important license to VTB Bank (Europe) SE (VTBE) in Frankfurt, the British sanctions authority, the Office of Financial Sanctions Implementation (OFSI), also extends the license, which until then had only covered so-called "basic … WebbOn 28 March 2024, OFSI issued a General Licence under the Russia Regulations authorising – subject to reporting requirements – any act by a bond issuer, which …
Law firms under "active investigation" for flouting sanctions regime
Webb17 aug. 2024 · On August 15, 2024, OFSI issued General License INT/2024/2085212 to temporarily authorize payments to certain Sanctioned Banks or Subsidiaries for the purpose of making energy available for use in Mongolia. The general license specifies that the term “Sanctioned Banks” refers to the Credit Bank of Moscow, Gazprombank, … WebbA list of general licences published by OFSI can be found on the General Licence page. One recent example of a general licence is the one granted in relation to Chelsea Football Club which includes permitting the club to make payments to employees and pay for transfers to and from fixtures. This current licence has a May 2024 expiry date. pnw organic potting soil
Licences and exemptions in financial sanctions - LexisNexis
Webb29 rader · 1 jan. 2024 · OFSI General Licences Details of General Licences issued by OFSI From: Office of Financial Sanctions Implementation and HM Treasury Published 1 … Wind Down of Positions Involving Rosbank: Russia: PDF: PDF: ... Expired OFSI … For general information on sanctions: contact the Foreign, Commonwealth & … Sign in to your Universal Credit account - report a change, add a note to your … Coronavirus - OFSI General Licences - GOV.UK Webb28 mars 2024 · Russia-related General License No. 20 authorizes US persons to engage in all transactions ordinarily incident and necessary to the official business of third-country diplomatic or consular missions located in the Russian Federation that are prohibited by Executive Order 14024 or section 1 (a) (iv) of Executive Order 14068. Webb22 mars 2024 · Last modified on Tue 22 Mar 2024 10.47 EDT. Alisher Usmanov, the Russian oligarch once said to be the UK’s richest person, claims to have placed hundreds of millions of pounds of his assets into ... pnw outfitters