OFAC Issues Guidance Indicating Aggressive Interpretation of China Military Company Sanctions
By EsqSocial Corporation 04/01/21
On December 28, 2020, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) released guidance on the implementation of sanctions targeting securities of Communist Chinese military companies (“CCMCs”) imposed through Executive Order 13959 (“Order”), which was issued by President Trump on November 12, 2020. ...
By: Dechert LLP