By Maya Lester KC & Michael O’Kane

OFAC issues General Licence 13B relating to RUSAL, EN+ Group and GAZ Group

Yesterday, OFAC issued Ukraine/Russia-related General Licence 13B, which replaces and supersedes General Licence 13A. General Licence 13B extends the expiration of the general licence to 5 August 2018 (previously 5 June 2018). OFAC Notice here. Among other things, General Licence 13B authorises transactions and activities necessary to divest or transfer debt, equity or other holdings in EN+ Group, GAZ Group, or…...

This content is for subscribers only

To continue reading please login or subscribe.

RussiaRussia UkraineUkraine United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
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 &...

See profile for Michael O'Kane >

Share this page on: