Text for AML Update Service
AML Update: Payments under the OFSI General Licence
Purchase this policy: Sanctions Policy
- Change date
- 17/11/2025
- Word count
- 153
- Deployment measure
- 9/10
Rationale
New draft section outlining the introduction of OFSI General Licence INT/2025/7323088, allowing legal firms to receive payments from designated persons without an individual licence, subject to specific conditions.
As of 28 October 2025, the Office of Financial Sanctions Implementation (OFSI) introduced a new General Licence (INT/2025/7323088), permitting UK law firms, legal advisers, counsel, and defined service providers to
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