By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

New UK Russia general licence for bond amendments and restructurings for non designated persons

29 March 2023

New UK Russia general licence for bond amendments and restructurings for non designated personsI Wei Huang/Shutterstock.com

OFSI yesterday issued General Licence (GL) INT/2023/2824812, ‘Bond amendments and restructurings for non-Designated Persons’ (Notice), under the Russia (Sanctions) (EU Exit) Regulations 2019. It authorises until 28 March 2025: A company, entity or institution...

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Regimes / Regions

Sanctioning States

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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