OFSI General Licence INT/2023/3781228

The Office of Financial Sanctions Implementation of the HM Treasury has issued a new General License (INT/2023/3781228) under various sanction regulations (please refer to the list of regulations in the Annex of the license) to permit the processing of certain payments related to designated persons that would otherwise be prohibited by the noted regulations. Specifically, the license permits
– designated persons (DPs) or persons acting on their behalf to make payments from frozen UK bank accounts to local authorities for the purpose of tax payments, real-estate related payments, payments for non-residential properties in the United Kingdom (non-domestic rates), or payments of any penalty fees or interest in relation to any of the beforementioned;
– receive any refund payments relating to such payments; and
– financial institutions to process any such fund transfers.
Please note that the license does NOT apply to persons sanctioned by the United Nations (UN). Also note that the license applies to nearly all sanction regulations (Annex) and is not time limited.