UK Revises General Licenses to Cover New Name of Russian Bank
The U.K. on March 24 revised two Russia-related general licenses to capture certain transactions with Russian commercial bank T-Bank. The licenses, which authorize certain humanitarian activity and energy-related payments, had previously allowed certain transactions with Rosbank or Tinkoff Bank. Tinkoff…
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Bank has since changed its name to T-Bank (see 2503070043), and the company operates Rosbank as one of its branches.