GovWire

General licence - INT/2022/2009156 amended: Permitted Payments can only be made for UK properties and UK vehicles; Insurance Brokers may make all types of Return Payments to a DPs frozen bank account including payments due from successful claims;the language in 5.2 and 6.5 has been clarified; the definition of Return Payments was expanded to include other types of refunds; the reporting and record-keeping requirements also apply to Insurance Brokers and those reporting must now report to HM Treasury within 10 working days.

OFSI General licence - INT/2022/2009156 amended.

Amended General Licence and Publication notice

First published.