On 22 July, an article from Stephenson Harwood LLP explained the new ban on providing certain business services to Russian clients. Broadly speaking (there are exceptions), these include accountancy services, consulting services, and PR services. The article also compares these UK sanctions to EU ones, finding that they are similar but not identical to the EU sanctions, and highlighting the differences.
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NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!