Findley Penn-Hughes

1 month ago | lexology.com | Jason Hungerford |Paul Whitfield-Jones |Chris Roberts |James Ford |Findley Penn-Hughes |Mihira Patten | +1 more

On March 14 2025, the Office of Financial Sanctions Implementation (“OFSI”) granted a general licence which authorises UK nationals to purchase… Please login or register to continue reading. Register

1 month ago | lexology.com | Jason Hungerford |Paul Whitfield-Jones |Chris Roberts |James Ford |Findley Penn-Hughes |Mihira Patten | +1 more

Russia sanctions UK Government amends one entry on and removes two entries from the UK sanctions list under the Russia sanctions regime: On March 7, 2025, OFSI removed Rosbank PJSC, a Russian financial services firm, and Active Denizcilik Ve Gemi Isletmeciligi Anonim Sirket, a Russian energy company, from the UK sanctions list under the Russia sanctions regime. OFSI also amended the entry for Tinkoff Bank, updating its name to TBank.

1 month ago | lexology.com | Jason Hungerford |Paul Whitfield-Jones |Chris Roberts |James Ford |Findley Penn-Hughes |Mihira Patten | +1 more

Russia sanctions UK Government corrects one entry on the UK sanctions list under the Russia regime: On February 28, 2025, OFSI corrected the address for OJSC Keremet Bank on the UK sanctions list under the Russia sanctions regime. (Notice_Russia_280225.pdf). UK Government publishes factsheet on UK Support to Ukraine: On February 28, 2025, the UK Government published a factsheet which details the UK's support to Ukraine.

2 months ago | lexology.com | Jason Hungerford |Paul Whitfield-Jones |Chris Roberts |James Ford |Findley Penn-Hughes |Mihira Patten | +1 more

Russia sanctions OFSI issues General License on membership fees for international organisations: On February 21, 2025, OFSI issued General License INT/2025/5855272, which authorises certain International Organisations to receive subscription fees and any other payments required from the Government of Russia to retain membership of those organisations, subject to certain conditions, including that the funds are transferred from an account held with Gazprombank.

2 months ago | mondaq.com | James Ford |Jason Hungerford |Kirsty J. Morris |Findley Penn-Hughes

MB Mayer Brown More Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry. In this weekly update, we summarise the most notable updates in the UK sanctions world.