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New OFSI General Licence INT/2025/7628424 issued
On 23 October 2025, the General Licence INT/2025/7628424 was issued under regulation 40 of the The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019. The General Licence allows for DPs or Persons acting on behalf of DPs to make payments for remuneration, allowances and contractual or statutory redundancy payments to UK Employees and UK Directors, pensions of UK employees, fees and other costs relating to provision of IT services and fees or other costs related to the provision of UK chartered or certified accountancy services.
Any persons intending to use the General Licence should consult the copy of the Licence for full details of the definitions, permissions, and usage requirements.
To see the General Licence
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