UK Releases Sanctions Guidance Covering Travel Expenses
The U.K.'s Office of Financial Sanctions Implementation issued guidance last week for people seeking a license to release frozen funds for travel and associated expenses. OFSI said "associated expenses" could arise from "attending legal meetings or court hearings." When administering…
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licenses for these payments, OFSI "is legally obliged to ensure that those expenses are 'reasonable,'" OFSI said.