On 11 August 2023, the UK Department for Business and Trade issued a General Licence authorising the provision of legal advice in relation to sanctions imposed by any jurisdiction. As discussed in our June 2023 GT Alert, the UK Government banned the provision of legal advisory services to non-UK persons in relation to certain financial or trade activity which would be prohibited under the UK Russian sanctions regime if the activity were done by a UK person or were taking place in the United Kingdom.
UK Government General Licence Reduces Breadth of Recent Sanctions-Related Legal Advisory Services Ban
