The Government has announced via a Statutory Instrument that, from 00.01 16 December 2022, it will prohibit the export of advertising services, alongside some other professional services, to Russia. As the industry’s trade body, the Advertising Association fully support these measures, as well as the decision of many companies who have already ceased trading with Russia. There will be a winding down exception to the advertising sanctions until 15 March 2023. This means that if UK service providers entered into contracts before 16 December 2022, they can honour these until…
Read MoreGovernment Sanctions on Advertising Exports Come into Force Against Russia
