U.S. Treasury Issues Russia-related General Licenses for Financial Wind-Down Transactions

The U.S. Treasury Department issued Russia-related general licenses on Friday, permitting specific wind-down related transactions with the Moscow Exchange, the National Clearing Center, and the National Settlement Depository.

The United States Treasury Department announced on Friday that it has issued Russia-related general licenses. These licenses authorize specific wind-down related transactions involving key Russian financial institutions.

The institutions included are the Moscow Exchange, the National Clearing Center, and the National Settlement Depository. This move is part of broader sanctions and regulatory actions.

The notice was officially released on the Treasury Department's website, allowing businesses and financial entities to lawfully carry out certain essential transactions amid ongoing tensions.

(With inputs from agencies.)