UK Expands, Extends Russia-Related License
The U.K.'s Office of Financial Sanctions Implementation on Oct. 27 updated its general Russian sanctions license permitting payments to sanctioned telecommunication and news media service firms. The update clarifies that PJSC MegaFon and its subsidiaries and Digital Invest Limited Liability…
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Co. are sanctioned civilian telecommunication companies, while also extending the license until May 30, 2026.