US issues new Russia General License

1 June 2023

US issues new Russia General LicenseMotionEmo/Shutterstock

On Wednesday 31 May, OFAC issued Russia-related General License 69 “Authorizing Certain Debt Securities Servicing Transactions Involving International Investment Bank” (notice). The new General License authorises transactions that are necessary to the processing of...

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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...