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General licence INT/2022/1280876, Russian Banks UK subsidiaries Guernsey subsidiary EU subsidiaries - Basic needs, routine holding and maintenance, the payment of legal fees and insolvency related payments amended

On 23 July 2024, General Licence INT/2022/1280876(the General Licence) was amended.

This General Licence was amended to change Permission 5.2, specifically the Insolvency Proceedings that apply to OWH SE, the EU subsidiary.

The General Licence and its publication notice can be foundhere on GOV.UK.

Anybody intending to use the General Licence should consult the copy of the licence for full details of the definitions, permissions, and usage requirements.

To view the General Licence

Click here


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