On Friday 5 May 2023, OFAC reissued Russia-related General Licence 8G, “Authorising Transactions Related to Energy”. The substance of the licence has not changed, but it has been extended to Wednesday 1 November 2023. The General Licence authorises energy-related transactions with certain sanctioned Russian companies, namely: State Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank; Public Joint Stock Company …
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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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