OFSI yesterday updated its guidance on regulation 29A of the Russia (Sanctions) (EU Exit) Regulations 2019, which prohibits the provision of insurance and reinsurance services relating to aviation and space goods and technology, 1) to a person/entity connected with Russia; or 2) for use in Russia. OFSI has clarified that: “[The prohibition] would not apply where the insurance is for …
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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...
Russia
United Kingdom