OFAC Extends Expiration Date of General Licenses Related to EN+ and RUSAL
Washington, DC - - (September 21, 2018) - - The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today extended the expiration date of certain general licenses related to EN+ Group plc (EN+) and United Company RUSAL PLC (RUSAL). These General Licenses 13D, 14A, and 16A amend their previous versions by extending the expiration date from October 23, 2018 to November 12, 2018 for transactions related to the companies and their subsidiaries.
On April 6, 2018, OFAC designated EN+ for being owned or controlled by, directly or indirectly, Oleg Deripaska and other entities he owns or controls. In that same action, OFAC designated RUSAL for being owned or controlled by, directly or indirectly, EN+.
“EN+ and RUSAL have approached the U.S. Government about substantial corporate governance changes that could potentially result in significant changes in control. To allow sufficient time for review, we are extending these licenses until November 12,” said a Treasury spokesperson.
View General License 14A, and General License 16A and information on today’s action .
Courtesy: U.S. Department of the Treasury
Hurricane information
Collapse
X
OFAC Extends Expiration Date of General Licenses Related to EN+ and RUSAL
Collapse
Trending
Collapse
There are no results that meet this criteria.
Related Topics
Collapse
Latest Articles
Collapse
Shop Low Cost Domains
Collapse
CNG Vehicle Cost Calculator
Collapse
Do You Have An Internet Presence?
Collapse
Air Quality Conditions in Independence, MO Zip Code 64050
Collapse
Air Quality Conditions in Rome, GA Zip Code 30161
Collapse
Trending
Collapse
There are no results that meet this criteria.
Categories
Collapse
Hurricane information
Collapse
Air Quality Conditions in Madison, WI Zip Code 53706
Collapse
Air Quality Conditions in Albuquerque, NM Zip Code 87121
Collapse
Shop at Low Cost Domains
Collapse
Air Quality Conditions in Harrisburg, PA Zip Code 17104
Collapse
Electric Drive Cost Calculator
Collapse