UK amends Sberbank correspondent banking GL

18 March 2022

UK amends Sberbank correspondent banking GLSlasha/

On Friday, the UK amended General Licence (GL) INT/2022/1277778: “Correspondent Banking Relationships & Processing Sterling Payments” to authorise UK credit/financial institutions to continue a correspondent banking relationship with: Sberbank; or a UK or non-UK...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...