By Maya Lester KC & Michael O’Kane

OFAC issues 4 Russia-related General Licences

In coordination with the recent US Russia sanctions (see previous post), OFAC issued 4 Russia-related General Licences (GLs) (Notice): GL 25B, “Authorising Transactions Related to Telecommunications and Certain Internet-Based Communications”, which renews authorisation for certain telecommunications transactions and the export or relevant technology (see previous post). GL 36, “Authorising the Wind Down of Transactions Involving Public Joint Stock Company Severstal”, …

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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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