UK Updates Russia Sanctions, Licensing Guidance
The U.K.'s Office of Financial Sanctions Implementation updated its Russia sanctions guidance on licenses that permit conduct otherwise barred by regulation 54C. Regulation 54C covers the provision of "accounting, advertising, architectural, auditing, business and management consulting, engineering, IT consultancy and…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
design and public relations services," to a person linked with Russia, the EU Sanctions blog reported. The guidance clarifies that a license may be granted under this regulation "if it is necessary for ensuring critical energy supply to any country."