UK Sanctions License Authorizes Certain Customs Payments
The U.K. issued a general license July 1 authorizing sanctioned parties to make certain payments "owed or due" to "His Majesty's Revenue & Customs; the Welsh Revenue Authority; and Revenue Scotland." The license also allows individuals acting on behalf of…
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sanctioned parties to make these payments. Payment details must be reported to the Office of Financial Sanctions Implementation within 10 working days of the payment being made. The license took effect July 1 and runs indefinitely.