OFAC issues Russia-related GLs for E.O. 14071

2 August 2022

OFAC issues Russia-related GLs for E.O. 14071Tupungato/Shutterstock.com

On 22 July 2022, OFAC issued 2 Russia-related General Licences (GLs) concerning Executive Order (E.O.) 14071 (Notice): GL 45, “Authorising Transactions Related to the Wind Down of Certain Financial Contracts Prohibited by Executive Order...

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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...