By Maya Lester KC & Michael O’Kane

EU Commission updates SWIFT & oil price cap FAQs

The European Commission has updated its Russia sanctions specialised financial messaging services FAQs (previously ‘SWIFT’ FAQs) by: updating the answer to FAQ 1, “What are the banks subject to the prohibition to provide specialized financial messaging services?”; amending the answer to FAQ 2 concerning the use of other means of communication by listed Russian banks to compensate for their decoupling …

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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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