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Sberbank Kazakhstan gets a General License from OFAC

Issuance of Russia-related General License 26

Release date

04/12/2022

Body

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 26 “Authorizing the Wind Down of Transactions Involving Joint Stock Company SB Sberbank Kazakhstan or Sberbank Europe AG.”

The deadline on these transactions is July 12th… mark your calendars.

Oops… just noticed that I never posted this, but left it in the Drafts folder… sorry!

Links:

OFAC Notice

General License 26

Categories: Licenses OFAC Updates Russian Harmful Foreign Activities Sanctions Wind Down Activities

eric9to5

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