The US Treasury has introduced a requirement that banks obtain a licence from OFAC before granting North Korean diplomats bank accounts, or extending credit to them or their families. This follows a UN Security Council Resolution in early December requiring Member States to limit North Korean diplomatic missions to one bank account each (see previous blog)….
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...See profile for Maya Lester QC >