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ARTICLE · 06 OCTOBER 2025

Fortnightly Sanctions Summary: New Licences, Designations And Enforcement

BCL Solicitors LLP
BCL Solicitors LLP
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BCL Solicitors LLP

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Welcome to the BCL's sanctions and export controls round-up, highlighting key UK and international developments in sanctions law and enforcement.

United KingdomInternational Law

Welcome to the BCL's sanctions and export controls round-up, highlighting key UK and international developments in sanctions law and enforcement.

This edition overviews notable developments in UK and global sanctions policy, enforcement, and export controls, including an overview of recent amendment and additions to OFSI's General Licenses, designations made under the UK's Iran Sanctions Regime, the Colorcon Limited penalty, and updated guidance.

HM Treasury licences

OFSI issues 5 new General Licences, and updates 3 existing General Licences

General Licence amendments

  • On 26 September, OFSI amended the General Licences for Permitted Payments by Designated Persons to utility companies (INT/2022/2300292), and water companies (INT/2023/3179120), as follows:
    • The reporting conditions now require a DP to report Permitted Payments to HM Treasury within 30 days of the end of a yearly quarter in which the payment was made (replacing the requirement to report

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