Britain is set to formally classify Russian mercenary force Wagner Group as a terrorist organization, which would impose financial sanctions and other penalties, as a way of increasing pressure on Russia, The Times newspaper reported on Tuesday.
The Home Office has been building a case for two months and proscription was "imminent" within weeks, the newspaper reported, citing a government source.
If enacted, it would be a criminal offence to belong to Wagner, attend its meetings, encourage support for it or carry its logo in public, The Times said.
The designation would also impose financial sanctions on the group, and there would be implications for Wagner's ability to raise money if any funds went through British financial institutions, the newspaper added.