The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2022/1678476, which relates to the Amsterdam Trade Bank N.V – winding down, basic needs and insolvency related payments. The amendment extends the Licence from 23:59 on 12 May 2025 until 23:59 on 12 May 2030. The Licence has also been amended to enable Bankruptcy Trustees and any other insolvency practitioner to make, receive, or process any payments, exercise all rights, or take any other actions, in connection with (i) any Insolvency Proceedings relating to ATB and/or (ii) the fulfilment of the Bankruptcy Trustees’ statutory functions.

The Office of Financial Sanctions Implementation (OFSI) has updated its UK Financial Sanctions frequently asked questions (FAQs), amending FAQs 147 and 148. The OFSI has also amended General Licence INT/2022/1947936 and removed expired General Licence INT/2025/8202932.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2022/2009156. The amendment extends permitted payments to UK insurance companies under the UK sanctions regime to include employers’ liability insurance.

The Office of Financial Sanctions Implementation (OFSI) has updated General Licence INT/2023/3263556, introducing new controls on GTLK-related insolvency proceedings. The amendments add regulation 18A exemptions and new definitions for financial instruments, while clarifying that designated persons' funds must be held in frozen accounts. The licence now explicitly restricts foreign exchange and asset management services to UK Prohibited Persons unless payments are credited to specified accounts. Additional reporting requirements have been implemented.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2023/3626884 on payments to Companies House. The amendment expands the General License to include two new permissions to the list of permitted payments relating to the Register of Overseas Entities.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2024/4576632. The amendment removes language prohibiting funds or economic resources from being made available for the benefit of any person designated under the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855.

The Office of Financial Sanctions Implementation (OFSI) has amended three General Licences. General Licence INT/2025/5635700 was amended to add the Zohr project to the list of Exempt Projects and modify permissions, General Licence INT/2025/7628424 was updated with revised definitions of 'IT Providers' and amended permissions, and General Licence INT/2025/7323088 had its 'Legal Services' definition updated.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2025/5787748 to introduce a monthly reporting requirement for payments received under the licence. Within 14 days of the end of each calendar month, a person must report to HM Treasury any payments received under the licence during that month and provide details and supporting evidence of the designated person who is a party to the arbitration, the designated person’s Group ID, a case description, an unredacted engagement letter where applicable, the payment amount, the date on which the payment was received, the payment route used and the total arbitration costs received to date for the arbitration.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2025/7895596 to extend coverage to two additional Lukoil Bulgaria subsidiaries: Lukoil Aviation Bulgaria EOOD and Lukoil Bunker Bulgaria EOOD. The licence, originally issued on 14 November 2025 under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855 permits continuation of business operations with designated Lukoil Bulgaria entities.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licences INT/2025/7895596 and INT/2025/8031092 under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855. Both licences were updated to revise the definitions of covered subsidiaries and to introduce a new definition of 'entity'—a person who is not an individual or a relevant UK institution. Additionally, a notification requirement was imposed, requiring any entity undertaking activities under the licences to provide written notice to HM Treasury (HMT) within 14 days of commencing such activities, or within 14 days of 12 August 2026 for those already active. Entities must also supply current contact details and inform HMT of any changes. General Licence INT/2025/8031092 was extended to 26 February 2027 and General Licence INT/2025/7895596 was extended to 29 October 2026.

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2025/8031092. Originally issued on 27 November 2025 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855, the licence permitted ongoing business operations with these entities and was later extended on 25 February 2026. The General Licence has been further amended to remove the restriction specified in paragraph 4.2. Notably, this amendment does not authorise the return of funds to Lukoil PJSC. OFSI has also published FAQ 196 in relation to this.

The Office of Financial Sanctions Implementation (OFSI) has issued amended General Licence INT/2022/1280876, The General Licence has been amended to change the name of 'VTB Bank (Europe) SE' to 'OWH SE' within the definition of an 'EU subsidiary'. The General Licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855.