By Maya Lester KC & Michael O’Kane

US not to expand sanctions against Russian sovereign debt market

In accordance with section 242 of the Countering America’s Adversaries Through Sanctions Act of 2017 (CAATSA), the US Treasury has issued a Report addressing the potential effects of expanding sanctions under Directive 1 (issued by Executive Order 13662) to include new Russian sovereign debt and related derivative products. The Report – which is not a binding sanctions decision – concludes: “given the size…...

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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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