WebbThe U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) recently agreed to remove sanctions against Oleg Deripaska’s EN+ Group. As a corollary, it will also remove … Webb30 jan. 2024 · On January 27, 2024, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) lifted sanctions imposed on En+ Group plc (En+), UC Rusal plc (Rusal), and JSC EuroSibEnergo (ESE), …
OFAC Extends Expiration Date of General Licenses Related to …
Webb30 juli 2015 · OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to Ukraine-/Russia-related Sanctions. General licenses allow all US persons to engage in the activity described in the general license without needing to apply for a specific license. Webb28 jan. 2024 · All sanctions on Deripaska continue in force, OFAC added. OFAC sanctioned Deripaska and the three companies he controlled on April 6, 2024, for allegedly supporting Russia's "malign behavior in Syria and Ukraine," OFAC had said previously. Rusal is the second largest aluminum producer in the world. hbeck cfg inc
Treasury lifts sanctions on Rusal, En+, ESE - Compliance Week
Webb9 nov. 2024 · November 9, 2024 Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today extended further the expiration date of certain general licenses related to EN+ Group plc (EN+), United Company RUSAL PLC (RUSAL), and GAZ Group (GAZ). Webb9 nov. 2024 · Today OFAC extended the expiration date of certain general licenses related to EN+ Group PLC, United Company RUSAL PLC, and GAZ Group, and issued the following four general licenses: General License No. 13G - Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked … Webb1 juli 2024 · In any event, OFAC has precedent for adjusting a corporate structure—as with the Rusal deal completed in December 2024. Oleg Deripaska, an oligarch targeted for his role in supporting Russia’s interference in the 2016 US presidential election, saw his personal corporate holdings come under sanctions. hbec-5i细胞