We regularly advise and assist with applications to OFSI for licences to allow our clients to underake specified activities which would otherwise be prohibited by sanctions legislation.

Notable Experience

  • Representing the subsidiary of a Russian bank in the EU in a complex licence application involving the Bank's efforts to realise client securities due to its winding down of operations in the EU.
  • Representing a Cypriot subsidiary of a sanctioned Russian bank to realise client funds and securities that have inadvertently become a consequence of the asset freeze measures on the bank.

News & Insights

16.10.25

PCB Byrne highly ranked by Chambers UK 2026

15.10.25

Open Justice - Analysis of the New Media Notification Rules

15.10.25

Anthony Riem quoted in Daily Maverick’s article on ‘Asset Recovery — South Africa Not Alone in ‘Pay Back the Money’ Fight’

03.10.25

From Malaysia to Malmesbury: Lessons on Parent Company Liability and English Jurisdiction from Limbu v Dyson, Frances Jenkins and Nataliya Yankovska in ThoughtLeaders4 FIRE Magazine