By Maya Lester KC & Michael O’Kane

US amends Zimbabwe sanctions regs to remove banks’ general licence

OFAC has amended the Zimbabwe Sanctions Regulations, 31 CFR part 541 to remove a general licence which authorised transactions involving Agricultural Development Bank of Zimbabwe and Infrastructure Development Bank of Zimbabwe. Authorisation to engage in transactions with the banks is no longer required following their delisting in 2016. Final Rule and Notice.

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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