By Maya Lester KC & Michael O’Kane

OFAC updates its Ukraine sanctions FAQs

The US Treasury’s Office of Foreign Assets control has updated its Frequently Asked Questions on Ukrainian sanctions. OFAC has amended its answer to whether US persons are prohibited from dealing in or processing transactions under a letter of credit, whose term of maturity is longer than 30 days and was issued on or after the sanctions effective date, and where…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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