After doing some digging online there doesn't seem to be an immediate answer to this.
I am writing code for a closed source application and when running PHPCS its informing me that an @license tag is required in order to conform to PSR standards.
I cannot apply an open source license to this code because the application is closed source proprietary code.
Does applying an @license tag with "No License" suffice to cover this requirement? Or is there a standard closed source license I should use?