By Maya Lester KC & Michael O’Kane

OFSI received 1031 Russia licence applications & issued 82 licences in 2022

In answer to a Parliamentary question by Stephen Kinnock MP concerning specific licences granted under the UK’s Russia sanctions regime, HM Treasury has said that: in 2021, OFSI received 11 specific licence applications and approved 9 new or amended licences under the Russia (Sanctions) (EU Exit) Regulations 2019; in 2022 up to 6 December 2022, OFSI received 1031 specific licence …

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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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