US issues CCU Commercial Bank wind down general license

25 June 2026

US issues CCU Commercial Bank wind down general licenseBillion Photos/Shutterstock.com

The US has issued Transnational Criminal Organisation-related General License No.2, authorising certain wind down transactions which are otherwise prohibited by the Transnational Criminal Organisations (TCO) Sanctions Regulations. Authorised transactions must be necessary or incident...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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