OFAC issues new Ukraine/Russia-related licence and FAQs

Today, OFAC has issued Ukraine/Russia-related General Licence 14, which authorises US persons to engage in specified transactions related to winding down or maintaining business with United Company RUSAL PLC (RUSAL) and its subsidiaries until 23 October 2018. RUSAL, along with linked entity EN+ Group PLC and Russian oligarch Oleg Vladimirovich Deripaska, were among those sanctioned earlier this month for being involved...

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About Michael O'Kane

Michael O'Kane

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,...

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