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- Further clarification on meaning of ownership or control by a designated person under the UK sanctions’ regime
Further clarification on meaning of ownership or control by a designated person under the UK sanctions’ regime
Siiri Duddington, Trudie Protopapas and Reema Shour of Hill Dickinson summarise a recent High Court decision which clarified the meaning of "ownership or control" by a designated person under UK sanctions law, and consider the implications for trustees managing assets potentially linked to sanctioned entities.