By Maya Lester KC & Michael O’Kane

OFAC releases PEESA designations, General Licence and FAQs

Pursuant to the Protecting Europe’s Energy Security Act (PEESA), OFAC has sanctioned 3 entities and 13 vessels (see Notice). The designations follow the US State Department’s recent report identifying the vessels and entities as involved in the construction of Nord Stream 2 (see previous post). 3 entities, including the Federal State Budgetary Institution Marine Rescue Service (MRS), and 11 vessels …

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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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