Expiry of US general licence for transactions with Burma/Myanmar banks

7 August 2023

Expiry of US general licence for transactions with Burma/Myanmar banks

On 21 June 2023, OFAC designated Myanma Foreign Trade Bank and Myanma Investment and Commercial Bank (previous post).  A general licence was issued at the same time, allowing entities to engage in transactions with the 2...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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