Guidance published on General trade licence Russia sanctions – sectoral software and technology

This is a general trade licence in relation to prohibitions under Chapter 4N of the Russia Sanctions regulations on business enterprise software and technology.

General trade licence Russia sanctions – sectoral software and technology

Details

This license is related to prohibitions under Chapter 4N of the Russia Sanctions Regulations on business enterprise software and technology to multinational clients headquartered outside of Russia (with global subsidiaries and affiliates, including in Russia) under certain conditions.

It authorises the transfer of technology of business enterprise software and technology, the making available of business enterprise software and technology and ancillary services relating to business enterprise software and technology subject to certain terms and conditions.