By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

OFSI issues 2 General Licences on ‘category 5 loans’ under Russia sanctions

28 October 2022

OFSI issues 2 General Licences on ‘category 5 loans’ under Russia sanctionsJJFarq/Shutterstock.com

OFSI today issued 2 General Licences (GLs) under the Russia (Sanctions) (EU Exit) Regulations 2019. These apply to ‘category 5 loans’ which will be introduced by the Russia (Sanctions) (EU Exit) (Amendment) (No. 15)...

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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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