OFAC issues & updates Russia-related GLs

23 August 2022

OFAC issues & updates Russia-related GLsmaradon 333/Shutterstock.com

OFAC issued 2 Russia-related General Licences (GLs) on Friday (19 August 2022) (Notice): GL 50, “Authorising the Closing of Individual Accounts at Financial Institutions Blocked Pursuant to Executive Order 14024”, which authorises all transactions...

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Michael O'Kane

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 & Peters and as a prosecutor...

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