OFSI issues Trade 5 General Licence

OFSI has issued General Licence INT/2022/2448692 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019. 

General Licence INT/2022/2448692 allows for a 7 day wind down period in respect to financial prohibitions in Regulations 16, 17 and 18B of the Russia Regulations.

The General Licence takes effect from 00:01 on 16 December 2022 and expires at 23:59 on 22 December 2022. 

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

OFSI Notice