18.97.14.85 Serbian Oil Industry requests temporary waiver of US sanctions | Global Sanctions

Serbian Oil Industry requests temporary waiver of US sanctions

4 February 2025

Serbian Oil Industry requests temporary waiver of US sanctionsBuilding_Cirkovic-Milos/Shutterstock.com
18.97.14.85

The Serbian Oil Industry (NIS) has submitted a request to OFAC to obtain licences allowing NIS to continue operating while a “solution” to its ownership structure and management is found. NIS was designated by...

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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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