Guernsey issues GL permitting banks to take maintenance payments from frozen accounts

13 June 2024

Guernsey issues GL permitting banks to take maintenance payments from frozen accountsArturSzPhotoart_Shutterstock

Guernsey has issued General Licence – Russia/GY/2024/GL2 which permits banks to take payments of fees from accounts frozen under the Russia Regulations which arise from the routine holding or maintenance of those accounts. The...

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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