OFAC RUSSIA SANCTIONS GENERAL LICENSE – CIVIL AVIATION SAFETY

On 14 November, OFAC issued General License 40C allowing transactions that would otherwise be prohibited, if for an aircraft registered in a jurisdiction solely outside of the Russian Federation, and for goods, technology, or services that are provided, exported, or reexported are for use on aircraft operated solely for civil aviation purposes.

https://home.treasury.gov/system/files/126/russia_gl40c.pdf

https://www.buymeacoffee.com/KoIvM842y

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 View all posts by raytodd2017