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MLAA's Journal
MLAA's Journal
March 2, 2022

UK sanction loophole of 30 day 'wind down period'

Note: Another DUer posted about this earlier today, but don’t think it got enough notice. Thank you to that poster. I will try and find their post and the edit this post

UPDATE: I couldn’t figure out how to search DU to try and find the original post on this topic.


Prime Minister Boris Johnson announced last Thursday that the state-owned VTB Bank, which is the second-largest Russian bank and its largest investment bank, was the subject of a “full and immediate” asset freeze in the UK as part of the Government’s attempts to help derail Vladimir Putin’s invasion of Ukraine by targeting key finance houses.

But the following day the Treasury unit in charge of enforcing the UK’s sanctions quietly issued a 30-day licence granting permission for any individual or entity to “wind down any transactions” with VTB until 27 March.


February 28, 2022

Our flag arrived today!

February 13, 2022

Thank you, thank you for sharing your hearts with me

DU is a big part of my day. I learn from you, I laugh with you and sometimes cry with you.

Thank you for the hearts ?️

February 12, 2022

Thank you! 😻😍🥰😘

Thank you to everyone for the hearts. They really touched my ❤️.

February 8, 2022

Thank you, thank you.

The ❤️ a kind DUer gave me truly brought me joy!

February 3, 2022

US Strike kills leader of ISIS

Wait for repugs to complain about this


Profile Information

Name: Melissa
Gender: Female
Hometown: Tucson/AZ
Member since: Sun Apr 16, 2017, 12:26 PM
Number of posts: 16,964

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