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AML Update Service extract for :
Payments under the OFSI General Licence
Change Date : 17/11/2025 | Word Count: 153 | Deployment Measure : 9/10
Rationale:
New draft section outlining the introduction of OFSI General Licence INT/2025/7323088, allowing legal firms to receive payments from designated persons without an individual licence, subject to specific conditions.As of 28 October 2025, the Office of Financial Sanctions Implementation (OFSI) introduced a new General Licence (INT/2025/7323088), permitting UK law firms, legal advisers, counsel, and defined service providers to
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