OFAC AMEND CERTAIN PREVIOUS GENERAL LICENSES BY EXTENDING THEIR EXPIRATION DATE

12 October 2018

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) extended the expiration date of certain general licenses related to United Company RUSAL PLC (RUSAL).

The General Licenses 13E, 14B, and 16B amend certain previous general licenses, by extending the expiration date from 12 November 2018 to 12 December 2018.

We will keep you informed about any further developments.

SEE OFAC’S OFFICIAL PRESSPLEASE RELEASE

September 2018 Market Report

For the three months up to the end of July the Office of National Statistics confirmed that the UK economy grew at a rate of 0.6%, with strong consumer spending and a bounce in building and construction activity.

Download September’s market report for more information.