OFSI General Licence INT/2026/9491628 - Prince Group Insolvency
Summary
OFSI issued General Licence INT/2026/9491628 on 14 April 2026 under the Global Human Rights Sanctions Regulations 2020. The licence authorizes insolvency-related payments and activities connected with the Prince Group and their Subsidiaries, subject to specified conditions.
What changed
OFSI published General Licence INT/2026/9491628 authorizing specific financial activities related to the Prince Group insolvency proceedings that would otherwise be prohibited under the Global Human Rights Sanctions Regulations 2020. The licence permits insolvency practitioners and related parties to make certain payments and conduct specified activities without violating sanctions prohibitions.
Financial institutions, insolvency practitioners, and other parties involved with the Prince Group should review the licence terms carefully to ensure their activities fall within its scope. Any transactions or activities not covered by the licence conditions would require separate OFSI authorization.
What to do next
- Review General Licence INT/2026/9491628 for applicability to insolvency-related transactions
- Ensure compliance with all conditions specified in the licence
- Contact OFSI if activities fall outside the scope of the licence
Archived snapshot
Apr 15, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Guidance
OFSI General Licence INT/2026/9491628
Details for OFSI General Licence INT/2026/9491628
From: Office of Financial Sanctions Implementation Published 14 April 2026 Get emails about this page
Documents
OFSI General Licence INT/2026/9491628
PDF, 140 KB, 5 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.
OFSI General Licence INT/2026/9491628 Publication notice
PDF, 254 KB, 3 pages
This file may not be suitable for users of assistive technology.
Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.
Details
- OFSI General Licence INT/2026/9491628
- OFSI General Licence INT/2026/9491628 Publication notice On 14 April 2026, OFSI issued General Licence INT/2026/9491628 under regulation 20 of the Global Human Rights Sanctions Regulations 2020 (“the GHR Regulations”). This General Licence allows for insolvency-related payments and activities connected with the Prince Group and their Subsidiaries, subject to conditions.
Updates to this page
Published 14 April 2026
Sign up for emails or print this page
Get emails about this page Print this page
Named provisions
Related changes
Get daily alerts for OFSI All Publications
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
Source
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from OFSI.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when OFSI All Publications publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.