Today, OFAC issued its very first General License under the Democratic Republic of the Congo (DRC) sanctions program – General License 1:
Category: Wind-Down Licenses
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OFSI General Licence INT/2026/8893924 and OFSI General Licence INT/2026/8889196 issued and OFSI General Licence INT/2025/5635700 amended
On 24 February 2026, the General Licence INT/2026/8893924, Maritime Mutual Re-Insurance Wind Down was issued. The General Licence allows for the winding down of insurance policies written by Maritime Mutual entities and their subsidiaries before their designation.
Any persons intending to use General Licence INT/2026/8893924 should consult the copy of the Licence for full details of the definition, permissions, and usage requirements.
The General Licence:
On 24 February 2026, the General Licence INT/2026/8889196, PJSC Transneft Wind Down was issued. The General Licence allows for Persons to wind down from any transactions involving the DP to which that Person is a party.
Any persons intending to use General Licence INT/2026/8889196 should consult the copy of the Licence for full details of the definition, permissions, and usage requirements.
The General Licence:
On 24 February 2026, the General Licence INT/2025/5635700, Russian Oil Exempt Projects was amended to include any entity owned or controlled, directly or indirectly, by PJSC Transneft, following their designation by the UK. Additionally, Schedule 1 of the General Licence was amended to add the Druzhba Pipeline.
Any persons intending to use General Licence INT/2025/5635700 should consult the copy of the Licence for full details of the definition, permissions, and usage requirements
The amended General Licence:
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OFSI General Licence INT/2025/8202932, Russian Oil Companies Wind Down issuedOn 18 December 2025, the General Licence INT/2025/8202932 was issued. The General Licence allows for Persons to wind down from any transactions involving the Designated Person to which that Person is a party.Any persons intending to use General Licence INT/2025/8202932 should consult the copy of the Licence for full details of the definition, permissions, and usage requirements. and here’s the new General Licence: