By Maya Lester QC & Michael O’Kane

New OFAC general licence on Burma

OFAC has issued a six-month general licence to authorise certain trade-related transactions with Burma, otherwise prohibited by US sanctions on the country.  The general licence covers most transactions that are ordinarily incident to the export of goods, technology, or non-financial services to or from Burma, provided the export is not to, from, or on behalf of a sanctioned person or...

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Burma / MyanmarBurma / Myanmar United StatesUnited States

About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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