By Maya Lester QC & Michael O’Kane

OFAC extends GAZ Group general licences

OFAC has extended 2 general licences relating to the GAZ Group, the Russian automotive company designated under Ukraine/Russia sanctions, until 22 July 2020. General Licence 13N and General Licence 15H replace and supersede 13M and 15G in their entirety. 13N authorises all transactions and activities otherwise prohibited that are ordinarily incident and necessary to divest or transfer debt, equity or …

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About Michael O'Kane

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

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