UK Extends General License for Winding Down Positions With Rosbank
The U.K. extended a General License permitting the winding down of positions involving Rosbank for another two months, until Sept. 30, the Office of Financial Sanctions Implementation said. The license was originally published in June and permits an individual or…
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entity to wind down any transactions to which they are a party involving Rosbank or one of its subsidiaries, including closing out any positions, repaying loans, withdrawing deposits and closing accounts.