WASHINGTON – The U.S. Treasury Division issued two common licenses on Friday authorizing sure transactions associated to Russia sanctions.
One license authorizes transactions associated to the settlement of credit score spinoff transactions that reference Russia, in response to a discover posted on Treasury’s web site.
The license authorizes monetary establishments to facilitate and clear such transactions, examples of which embody the supply of debt obligations of Russia, the discover stated.
A separate license authorizes, via October 19, wind-down transactions involving securities issued by Russia-based entities underneath agreements that have been entered into earlier than June 6.
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