Sanctions – A Guide to Obtaining an OFSI Licence

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Sanctions Legal Compliance - OFSI

If a person, company, or entity is subject to UK financial sanctions under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA), anyone who wishes to continue business dealings with the sanctions target must obtain a licence from the Office of Financial Sanctions Implementation (OFSI). This licence will provide an exception to the prohibition on making funds or economic resources available … Read More

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