All financial penalties imposed by Ofcom are held in our account with Office of HM Paymaster General (OPG) for the benefit of the Exchequer. Funds are transferred to the Bank of England account at agreed times for direct use by the Exchequer. Neither OPG nor Ofcom benefit from or have use of any monies made available to Ofcom.
OPG provides banking transaction services through various banks with balances held securely at the Bank of England for a range of public bodies and all central Government Departments. These balances are made available at the end of each working day to the National Loans Fund to help minimise the overall cost of Government borrowing.
OPG has been part of HM Revenue and Customs since April 2006, when ownership was transferred from HM Treasury. In May 2008, OPG became part of the Government Banking Service, which is the new banking service provider to the public sector.
Recent sanctions decisions
Revocation of Licence - Ausaf UK Limited
Decision by Ofcom - Karimia Limited
Decision by Ofcom - Al Arabiya News
Breach Decision and Revocation Notice - Iman FM
Decision by Ofcom - Kanshi Radio
Decision by Ofcom - Ariana Television and Radio Network
Breach Decision and Suspension Notice - Iman FM
Revocation of Licences - ARY Network Limited (in liquidation) (PDF, 100.0 KB)
Decision by Ofcom - Mohiuddin Digital Television Limited (Noor TV) (PDF, 61.7 KB)
Decision by Ofcom - Peace TV (Club TV Ltd) (PDF, 295.5 KB)
Decision by Ofcom - DM Global Media Limited (PDF, 262.8 KB)
Decision by Ofcom - Castle FM (Leith Community Mediaworks Ltd) (PDF, 253.9 KB)
Decision by Ofcom - Voice of Africa Radio (PDF, 219.0 KB)
Decision by Ofcom - International Television Channel Europe Limited (ICTE) (PDF, 129.9 KB)
Decision by Ofcom - Asia TV Ltd (PDF, 95.6 KB)
Older documents can be found at the National Archives.