On 4 February, HM Treasury published guidance on its implementation of the oil price cap on Russian product, together with relevant General Licences etc. The latter cover the wind-down of activities, correspondent banking etc.
https://www.gov.uk/government/publications/russian-oil-services-ban
https://www.gov.uk/government/news/uk-and-coalition-partners-announce-price-caps-on-russian-oil-products
https://www.gov.uk/government/collections/ofsi-general-licences
https://www.buymeacoffee.com/KoIvM842y
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Author: raytodd2017
Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section
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