UK Updates 2 Russia-Related General Licenses
The U.K.'s Office of Financial Sanctions on Aug. 23 updated two general licenses related to insolvency payments and activities for GTLK companies and the continuation of business and basic needs for telecommunications services and news media services. OFSI clarified that…
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the GTLK license covers STLC Europe Nine Leasing Limited. Under the telecommunications license, OFSI clarified that PJSC MegaFon is a civilian telecommunication and news media services designated party.