OFSI General Licence INT/2023/2824812, INT/2022/1552576, INT/2024/5334756 updated and new OFSI General Licence INT/2025/5787748 issued On 28 March 2025, General Licence INT/2023/2824812, Bond amendments and restructurings for non-Designated Persons was extended until 27 March 2026. To see the General Licence On 28 March 2025 the General Licence INT/2022/1552576, London Court of International Arbitration (LCIA) Arbitration Costs was revoked following the issuance of the Arbitration Costs General Licence GL INT/2025/5787748. To see the General Licence On 28 March 2025 the General Licence INT/2024/5334756, Legal services was amended to clarify: â¢Â        that legal advice and/or representation in dispute resolution is included in the definition of âLegal Servicesâ; and â¢Â        the reference to âowned and controlledâ applies only to companies and not individuals under the definition of âDPâ. To see the General Licence On 28 March 2025 the General Licence INT/2025/5787748, Arbitration Costs was issued. This licence allows persons to make payments to Arbitration Associations and Arbitrators to cover fees and expenses for their arbitration services. The General Licence also permits Arbitrators and Arbitration Associations to direct payment of, receive and use such payments to cover Arbitration Costs. To see the General Licence | | |
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