The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued General License 13B (‘GL 13B’).
GL 13B extends the exemption period for impacted securities. We have therefore updated our manual processes to ensure we can fulfill the requirements of GL 13B.
GL 13B will be applicable until 12:01a.m. US eastern daylight time on 5 August 2018.
As a financial market infrastructure, we have a responsibility in meeting the legal obligations for the markets we serve, a role that we take very seriously.
We decline to comment on any particular issuer or ISIN.
