OFAC: RUSSIA SANCTIONS – 2 GENERAL LICENSES

On 19 August, OFAC issued 2 General Licenses – 38A authorising transactions related to pension payments; and 50 authorising the closing of individual accounts at financial institutions blocked pursuant to Executive Order 14024 re accounts and processing of transactions involving certain foreign financial institutions.

https://home.treasury.gov/system/files/126/russia_gl50.pdf

https://home.treasury.gov/system/files/126/russia_gl38a.pdf

Any modest contributions for my time and ongoing expenses are welcomed!  At Buy me a Coffee one-off contributions start as low as $3, at

https://www.buymeacoffee.com/KoIvM842y

NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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