OFAC Publishes Hong Kong Sanctions Regulations: Implications for Business With Hong Kong Entities
By EsqSocial Corporation 01/02/21
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published final rules on January 15, 2021, implementing the sanctions put in place by Executive Order 13936 (EO 13936) and the Hong Kong Autonomy Act of 2020 (the Act or HKAA). In EO 13936, then President Donald Trump found that Hong Kong was…...
By: Morgan Lewis