OFSI amends General Licence INT/2025/7363752 to include new Iran sanctions prohibitions

OFSI amended the General Licence INT/2025/7363752 to include (as prohibitions listed at paragraph 2) regulations 17A (investments in relation to Iran) and 17C (insurance and reinsurance services) of the Iran Nuclear Regulations. Regulations 17A and 17C came into force on 29 September 2026, and were introduced in The Iran (Sanctions) (Amendment) Regulations 2026 (S.I. 2026/983) laid on 8 September 2026. Additionally, OTSI also published a General Trade Licence regarding the services necessary for the continued operation of the Shah Deniz project which came into force on 29 September 2026.