New Developments 2024

August 9, 2024

OFAC SDN List Update: Belarus Designations and Designation Update; Russia-related Designations and Designation Removal; Issuance of Russia-related General License.

Ukraine Announces Exchange Offer and Consent Solicitation for Existing Eurobonds.

August 7, 2024

Market Practice for Ukraine’s Naftogaz USD 2025 Bonds and EUR 2026 Bonds.

August 6, 2024

OFAC SDN List Update: Global Magnitsky Designation Update.

August 2, 2024

OFAC General License No. 99A published Authorizing the Wind Down of Transactions and Certain Transactions Related to Debt or Equity of, or Derivative Contracts Involving, MOEX, NCC, or NSD until October 12, 2024. CLICK HERE to see GL 99A.

OFAC General License No. 100A published Authorizing Certain Transactions Related to Debt or Equity or the Conversion of Currencies Involving MOEX, NCC, or NSD until October 12, 2024. CLICK HERE to see GL100A.

Issuance of Russia-related General Licenses.

July 30, 2024

OFAC SDN List Update: Non-Proliferation Designations; Iran-related Designations.

July 25, 2024

OFAC SDN List Update: Democratic Republic of the Congo-related Designations; Transnational Criminal Organizations Designations.

July 24, 2024

EMTA updates its Recommended Market Practice No 76 on Recommended FX and Currency Derivatives Market Practice for Semi-Continuous Barrier and Binary Options in Certain Non-Deliverable Currency / U.S. Dollar Currency Pairs to include updated market hours for the Seoul market.

July 23, 2024

Notice of Reporting Instructions under the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act.