By Maya Lester KC & Michael O’Kane

OFAC issues Russia-related GL 13A

OFAC has issued General Licence (GL) 13A, which authorises certain transactions prohibited by Directive 4 under Executive Order (E.O.) 14024. The Directive was issued on 28 February 2022 and prohibits any transaction involving the Central Bank of Russia, the Russian National Wealth Fund and the Russian Ministry of Finance. See previous post. Notice. The new GL extends authorisation until 30 …

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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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