By Maya Lester KC & Michael O’Kane

OFAC issues Afghanistan GL 16

On Friday (10 December 2021), the US Treasury’s Office of Foreign Assets Control (OFAC) issued Afghanistan General Licence (GL) 16, “Authorising Noncommercial, Personal Remittances to Afghanistan” and relevant FAQs 931 and 949. Notice. The GL authorises all transactions involving the Taliban or the Haqqani Network, or any entity in which the Taliban/Haqqani Network own a 50% or greater interest, that …

AfghanistanAfghanistan 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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