OFAC Implements Chinese Military Company Sanctions, Issues Rounds of New FAQs
By EsqSocial Corporation 01/02/21
The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has implemented new sanctions affecting China pursuant to Executive Order (“E.O.”) 13959, one of the Trump Administration’s final actions. The new sanctions program targets certain activities involving the securities of specifically identified Communist Chinese Military Companies (“CCMCs”)....
By: Goodwin