1048. After the relevant 365-day divestment period, are U.S. financial institutions required to block the attempted purchase or sale of Chinese Military-Industrial Complex Companies’ (CMIC) securities covered by Executive Order (E.O.) 13959, as amended? No. E.O. 13959, as amended, does not require U.S. financial institutions to block transactions. However, transactions […]
Issuance of Chinese Military-Industrial Complex Sanctions Regulations; Amendment of the Weapons of Mass Destruction Proliferators Sanctions Regulations Release date 02/15/2022 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adding regulations to implement a November 12, 2020 Executive order related to securities investments that finance Communist Chinese military […]
Identifying Firms Connected to the PRC Surveillance Technology Sector and Deterring PRC Misuse of Biotechnology and Military Modernization PRESS STATEMENT ANTONY J. BLINKEN, SECRETARY OF STATE DECEMBER 16, 2021Share Identifying Firms Connected to the PRC Surveillance Technology Sector and Deterring PRC Misuse of Biotechnology and Military ModernizationIdentifying Firms Connected to […]
Commerce Acts to Deter Misuse of Biotechnology, Other U.S. Technologies by the People’s Republic of China to Support Surveillance and Military Modernization that Threaten National Security Trade enforcement FOR IMMEDIATE RELEASE Thursday, December 16, 2021 Office of Public Affairs publicaffairs@doc.gov Today, the U.S. Commerce Department’s Bureau of Industry and Security […]
OFAC has added the following firms: to its Non-SDN Chinese Military-Industrial Complex Companies (NS-CMIC) List: CLOUDWALK TECHNOLOGY CO., LTD. (Chinese Simplified: 云从科技集团股份有限公司) (a.k.a. “CLOUDWALK”), Room 501, No. 37, Jinlong Road, Nansha District, Guangzhou, Guangdong 511457, China; Building 11, Zhangjiang Artificial Intelligence Island, Chuanhe Road, Pudong New Area, Shanghai, China; Effective […]
OFAC today has designated the following persons: AHMED, Benazir, Bangladesh; DOB 01 Oct 1963; POB Gopalganj, Bangladesh; nationality Bangladesh; Gender Male; Passport B00002095 (Bangladesh) issued 04 Mar 2020 expires 03 Mar 2030; National ID No. 5051953882 (Bangladesh) (individual) [GLOMAG] (Linked To: RAPID ACTION BATTALION). ALAM, Mohammad Jahangir, Bangladesh; DOB 19 […]
Episode 46 of Mr. Watchlist’s DesigNation is out! Third Time’s the Charm is about Executive Order 14032, which greatly improves the Chinese Military Companies sanctions program – but still is not exactly warm and fuzzy… Enjoy!
Today, OFAC updated the following listings on the Non-SDN Chinese Military-Industrial Complex Companies (NS-CMIC) List: AVIATION INDUSTRY CORPORATION OF CHINA, LTD. (a.k.a. AVIATION INDUSTRY CORP OF CHINA; a.k.a. AVIATION INDUSTRY OF CHINA; a.k.a. “AVIC”), Building 19 Compound A5 Shuguang Xili Chaoyang District, Beijing 100028, China; Issuer Name Aviation Industry Corporation […]
The June 3rd Executive Order (E.O.) issued by President Biden essentially replaces E.O. 13959, as amended by E.O. 13974. The Defense Department no longer makes its own designations, although Treasury can consult it (it has to consult State). The new E.O. no longer relies on the definition of “Communist Chinese […]
Yes, there were significant changes in the Chinese Companies sanctions program yesterday, but I’m still nit really able to focus on screens effectively yet. So, I’ll blog the Executive Order, the Defense Department action and anything else OFAC did … as soon as I can. Almost definitely by Monday, but […]
Mr. Watchlist 