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United Kingdom Sanctions & Export Controls Legal Questions answered by Lawyers

Browse our 1 legal question about Sanctions & Export Controls in United Kingdom and read the lawyer answers, or ask your own questions for free.

Can my UK limited company still accept payments from a Russian client for consultancy services?
Sanctions & Export Controls
We provided IT consultancy to a business based in Moscow before the recent UK sanctions were expanded. They owe us £15,000 and want to pay via a non-sanctioned bank in a third country. Are we legally allowed to accept this money without getting fined by [company removed]?
Lawyer answer by Crypto Legal

Hello, Whether your UK company can accept payment from a Russian client depends on more than just the payment route. UK sanctions regulations prohibit certain transactions involving designated individuals and entities, as well as specific sectors of the Russian economy....

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