Financial Sanctions: Russia – General Licence

On 30 September 2021, the Treasury issued General Licence IOM/2021/RUS001 under regulation 64 of the Russia Sanctions (EU Exit) Regulations 2019, as they apply to the Isle of Man by the Russia Sanctions (Application) Regulations 2020 [SD 2020/0504] (“the Regulations”).

Any persons intending to use General Licence IOM/2021/RUS001 should consult the copy of the Licence for full details of the permissions and usage requirements.

Full details can be found source article