By Maya Lester KC & Michael O’Kane

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

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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