OFAC has published 2 new Venezuela-related FAQs, which give guidance on the debt-related prohibitions in Executive Order (E.O.) 13808. The new FAQs relate to the term “new debt” in section 1 of E.O. 13808 and to the receipt of late payments from the Government of Venezuela, including state-owned oil company Petroleos de Venezuela, S.A. (PdVSA)….
Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...See profile for Michael O'Kane >