OFAC issues new Russia General Licence & Fact Sheet

On April 19 2022, OFAC issued a Fact Sheet for “Preserving Agricultural Trade, Access to Communication, and Other Support to Those Impacted by Russia’s War Against Ukraine.”  The Fact-Sheet provides an overview of Ukraine/Russia-related Sanctions Program and existing general licences. OFAC has also issued Russia-related General License 27 “Certain Transactions in Support of Nongovernmental Organizations’ Activities.” (Notice) The licence authorises the support of: …

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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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