UK Expands Sanctions License on Payment of Utilities
The U.K.'s Office of Financial Sanctions Implementation on Oct. 13 expanded its general sanctions license covering payments to utility companies for gas and electricity by sanctioned parties who own or rent in the U.K. Originally set to expire on Oct.…
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16, the license no longer has an expiry date, the agency said. Additionally, the agency amended the license to allow a person to make permitted payments for or on behalf of a designated party.