WebMar 31, 2024 · OFSI has issued a general licence for “bond amendments and restructurings” proposed by issuers that, while not designated persons themselves, may have… Tim Bennett on LinkedIn: OFSI general licence: Bond amendments and restructurings WebAug 30, 2024 · You can use the form to report a suspected designated person, frozen assets and suspected breaches. Completed forms should be sent to …
Reporting information to OFSI – what to do - GOV.UK
Web, directly or indirectly, by a designated person. Those persons or entities may not be designated in their own right, so their name may not appear on the consolidated list. However, those persons or entities are similarly the subject of the financial sanctions. For more information on ownership and control see OFSI’s Guide to Financial Sanctions. WebJul 8, 2024 · OFSI’s general guidance confirms that a licence is not required to provide legal advice to, and act for, a designated person; although lawyers are strongly encouraged to apply for a licence in advance of providing substantive legal services to have certainty as to the fees that will be recoverable while the designated person remains listed. [11] gray rock background
OFSI compliance reporting form including trusts.docx - GOV.UK
WebApr 11, 2024 · OFSI has said that it will renew its legal services General Licence (GL), applicable to the Russia and Belarus sanctions regimes, ... meaning if work is undertaken for a designated person that involves fees for legal work carried out in satisfaction of a prior obligation (£500,000 limit) and work undertaken post-designation (£500,000 limit ... WebMar 23, 2024 · OFSI expects scrutiny of information obtained as part of any ownership and control assessments, particularly where efforts appear to have been made by … Webdesignated person: A term of art which, as used in the context of safeguarding children in the UK, refers to a person (doctor or nurse) who takes a strategic professional lead on … gray rock austin tx