#Oligarchs fret about their assets as #UK fights to keep tabs on their spending

Extract

When an individual is “designated” and goes on to the UK’s #sanctions list, their funds are frozen but they can apply for licences to make payments for reasons such as living expenses – food, rent, utility bills or medicine.

They fill out a form and in return receive a licence that can be presented to their bank

Read more here 📎 https://www.theguardian.com/business/2023/aug/05/oligarchs-fret-about-their-assets-as-uk-fights-to-keep-tabs-on-their-spending

#Ukraine #SlavaUkraine #StandWithUkraine

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