By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

OFSI amends GL to permit German Banking Act insolvency-related payments

6 October 2022

OFSI amends GL to permit German Banking Act insolvency-related paymentshodim/Shutterstock.com

OFSI has amended General Licence INT/2022/1280876, ‘Russian Banks – UK subsidiaries – Guernsey subsidiary – EU subsidiaries - Basic needs, routine holding and maintenance, the payment of legal fees and insolvency related payments’, to...

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Regimes / Regions

Sanctioning States

Michael O'Kane
By 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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