On 28 October, OFSI issued 2 new General Licences.  Under one, persons may grant category 5 loans to Saving Energy For Europe GmBH, otherwise known as Gazprom Germania, and its subsidiaries, including SEFE Marketing & Trading Limited and SEFE Energy Limited.  This licence lasts until 29 October 2023.  The other is a 7-day wind-down licence, which will allow the granting of category 5 loans until 23:59 on 5 November.

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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