By Maya Lester KC & Michael O’Kane

OFAC and EU update FAQs related to Russia sanctions

On 20 April 2022 OFAC has published one new frequently asked question which relates to obligations of operators of credit card systems with regards to payment cards issued by sanctioned Russian financial institutions. (FAQ here) The European Commission updated its answers on questions related to EU restrictive measures against Russia. The updates cover: 21 April: Gas imports and banknotes 20 April: Deposits, (re)financing, Russian Central Bank, energy sector and humanitarian aid …

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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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