General licences granted by the government, which enable firms to take on otherwise sanctioned work, have 'blinded the system', the Legal Services Board's chief executive has said.
October 03, 2023 at 05:53 AM
3 minute read
Reporter
The chief executive of the Legal Services Board has criticised a group of London lawyers who had called for a relaxation of the restrictions applied to law firms advising Russian clients.
Earlier this year, the City of London Law Society attacked additional restrictions introduced by the U.K. government in June on how law firms can advise clients on complying with sanctions regimes.
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