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OFSI GENERAL LICENCE

Correspondent Banking and Payments Processing

Licence No.
INT/2022/2470056
Purpose

Permits relevant financial institutions to process, clear, or send payments related to the maritime transportation of Russian oil, provided they act solely as intermediaries without direct relationships with the service providers involved.

Regime

Russia

Regulation

Russia (Sanctions) (EU Exit) Regulations 2019

Application Date

05/12/2022

Expiration Date

Indefinitely

More details
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