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
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
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."