By Maya Lester QC & Michael O’Kane

OFAC issues general licence and guidance on Ukraine/Russia

OFAC has issued Ukraine/Russia-related General Licence 1B and has published updated FAQs and one new FAQ on Ukraine/Russia. These changes relate to the amended Ukraine/Russia-related Directive 1 and Directive 2 that were issued on 29 September 2017, in accordance with Title II of the Countering America’s Adversaries Through Sanctions Act of 2017 (CAATSA). Certain CAATSA-related prohibitions in the amended Directives had a delayed effective...

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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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