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UK to target provision of insurance to Russian companies with next sanctions round

Scales of Justice ( Lady of Justice) of the Central Criminal Court fondly known as The Old Bailey in the city of London, England, UK

The new round of UK economic sanctions will prevent Russian companies in the aviation and space industry from accessing the UK insurance sector. The measures will apply to insurance and reinsurance services accessed directly or indirectly.  The new UK legislation will be mirrored by similar measures in the EU.

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