Guidance

OFSI General licence INT/2025/5787748

detailsDetails for OFSI General licence INT/2025/5787748, Arbitration Costs

From:
Office of Financial Sanctions Implementation
PublishedPublished:
28 March 2025
Last updated:
16 July 2026 — See all updates

Documents

OFSI General licence INT/2025/5787748

PDF, 102167 KB, 3 pages

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OFSI General licence INT/2025/5787748 Publication notice

PDF, 173273 KB, 3 pages

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Arbitration Costs Reporting Form – INT/2025/5787748 form

ODThttps://submit.forms.service.gov.uk/form/6361/licence-reporting-except-legal-services-general-licence-reporting/MR9Vfszc, 13.9 KB

This file is in an OpenDocument format

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Details

  • OFSI General licence INT/2025/5787748
  • OFSI General licence INT/2025/5787748 Publication notice

On 28 March 2025, OFSI issued General Licence INT/2025/5787748 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”) and Regulation 32 of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (“the Belarus Regulations”). This General 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.

Updates to this page

Published 28 March 2025
Last updated 16 July 2026 — Show all updates

  1. OFSI General licence INT/2025/5787748 amended to: Within 14 days of the end of each calendar month, a Person must report to HM Treasury any payments received under this licence during that calendar month, with details and supporting evidence of: • the DP party in the arbitration; • the Group ID of the DP; • a case description; • an unredacted engagement letter (if applicable); • the amount of the payment which this report concerns; • the date payment was received; • the payment route used; • the total Arbitration Costs received to date for this arbitration.

  2. First published.

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