By Maya Lester QC & Michael O’Kane

US expands CAATSA sanctions to include Nord Stream 2 activities

The US State Department has revised its guidance to expand the implementation of section 232 of Countering America’s Adversaries Through Sanctions Act (CAATSA) to include investments or other activities related to Nord Stream 2 and the second line of TurkStream. The media note makes clear that those at risk of sanctions include financing partners, pipe-laying vessels, and engineering service providers. …

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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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