The interaction between insolvency law and sanctions – Administrative Court rejects VTB’s challenge to OFSI general licence

19 December 2025

The interaction between insolvency law and sanctions – Administrative Court rejects VTB’s challenge to OFSI general licencenampix/Shuterstock.com

The Administrative Court has today rejected a challenge by PJSC VTB Bank (VTB) against the Office of Financial Sanctions Implementation’s (OFSI) decision to amend a general licence– PJSC VTB Bank v HM Treasury [2025]...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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