OFAC: PRELIMINARY GUIDANCE ON IMPLEMENTATION OF THE PRICE CAP POLICY FOR PETROLEUM PRODUCTS OF RUSSIAN FEDERATION ORIGIN

On 30 December, OFAC issued this Guidance on the price cap imposed by the US as part of an international coalition, including the G7, the EU, and Australia.

https://home.treasury.gov/system/files/126/price_cap_prelim_guidance_petroleum_products_20221230.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

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