OFAC issues 4 Russia-related GLs & NRC to suspend Russia nuclear GLs

As part of the US’ latest Russia sanctions package (post and post), OFAC has issued 4 Russia-related General Licences (GLs) (Notice): GL 25A, “Authorising Transactions Related to Telecommunications and Certain Internet-Based Communications”, authorises: all transactions ordinarily incident and necessary to the receipt/transmission of telecommunications involving Russia that are prohibited by the Russian Harmful Foreign Activities Sanctions Regulations (RuHSR); and the …

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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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