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Hong Kong times 2: a new Business Advisory and new OFAC designations

Today, the U.S. State, Commerce, Treasury and Homeland Security Departments issued an advisory about the risks of doing business in Hong Kong in the current environment due to the recent actions taken by both the local government and the Chinese government. It highlights a number of heightened risks: operating in Hong Kong under the new National Security Law, data privacy, transparency and access to information, and risks for businesses with exposure to sanctioned parties, and for those who comply with U.S. sanctions.

Additionally, OFAC added the following people to the SDN List under its Executive Order 13936 authorities:

CHEN, Dong (Chinese Simplified: 陈冬; Chinese Traditional: 陳冬), Hong Kong; DOB Nov 1963; alt. DOB Feb 1964; POB Luoyuan, Fuzhou, Fujian Province, China; citizen China; Gender Male; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936]. 

HE, Jing (Chinese Simplified: 何靖), Hong Kong; DOB Jun 1964; POB Zhanjiang, Guangdong Province, China; citizen China; Gender Male; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936].

LU, Xinning (Chinese Simplified: 卢新宁; Chinese Traditional: 盧新寧), Hong Kong; DOB Dec 1966; POB Huai'an, Jiangsu Province, China; citizen China; Gender Female; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936].

QIU, Hong (Chinese Simplified: 仇鸿; Chinese Traditional: 仇鴻), Hong Kong; DOB Mar 1961; POB Jiangsu Province, China; citizen China; Gender Female; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936].

TAN, Tieniu (Chinese Traditional: 譚鐵牛; Chinese Simplified: 谭铁牛), Hong Kong; DOB Oct 1963; alt. DOB 20 Jan 1964; POB Chaling County, Zhuzhou, Hunan Province, China; citizen China; Gender Male; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936].

YANG, Jianping (Chinese Simplified: 杨建平; Chinese Traditional: 楊建平), Hong Kong; DOB Dec 1959; POB Jingxing, Hebei Province, China; citizen China; Gender Male; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936].

YIN, Zonghua (Chinese Simplified: 尹宗华; Chinese Traditional: 尹宗華), Hong Kong; DOB Aug 1964; POB Shengzhou, Zhejiang Province, China; citizen China; Gender Male; Secondary sanctions risk: pursuant to the Hong Kong Autonomy Act of 2020 - Public Law 116-149 (individual) [HK-EO13936].

Links:

OFAC Notice

Multiagency Hong Kong Business Advisory

Categories: Advisories Advisories Guidance Hong Kong-related sanctions Multiagency Advisories OFAC Updates Sanctions Lists

eric9to5

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