Menu Home

OFSI issues new Russia-related General Licence for Amsterdam Bank wind-down needs, etc.

OFSI General Licence – Russia

OFSI has issued General Licence INT/2022/1678476 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019

Under General Licence INT/2022/1678476, there are provisions relating to winding down, basic needs and insolvency related payments in connection with Amsterdam Trade Bank N.V

The Licence took effect on 12 May 2022 and expires on 12 May 2023.

Any Persons intending to use the General Licence should consult the copy of the Licence and refer to OFSI’s General Guidance.

Links:

General Licence INT/2022/1678476 – Publication Notice, General Licence

Categories: Licenses OFSI Updates Russia sanctions

eric9to5

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: