By Maya Lester KC & Michael O’Kane

OFAC extends Venezuela General Licence authorising certain transactions with Nynas AB

OFAC has issued General Licence 13D which extends the expiry date of the licence to 14 April 2020, and replaces and supersedes 13C in its entirety. The licence authorises certain activities and transactions with Nynas AB (a jointly-owned Finnish and Venezuelan (PdVSA) company) and any of its subsidiaries which would normally be prohibited by E.O. 13850, as amended, or E.O. …

VenezuelaVenezuela United StatesUnited States

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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