On June 3, 2021, President Biden issued Executive Order 14032, “Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China” (the “CMIC EO”). This amends and replaces Executive Order 13959 (“EO 13959”) and revokes Executive Order 13974 (“EO 13974”) that restricted investments in certain “Communist Chinese Military Companies” (“CCMCs”). The main changes implemented by the CMIC EO and related public guidance are to (1) change the group of targeted…
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Recent
Today, Baker McKenzie’s Global Supply Chain Compliance Blog published the blog “The White House Announces Key Findings from…
On May 28, 2021, the Biden Administration issued a press release (“Press Release”) confirming the re-imposition of sanctions…
OFAC Issues Burma Sanctions Regulations
By Kerry B. Contini, Alexandre (Alex) Lamy and Daniel Andreeff 2 Mins ReadOn June 1, 2021, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) published the Burma Sanctions…
On 12 May, Advocate General (“A-G”) Hogan issued an Opinion in a case before the Court of Justice…
In brief On 17 May 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”)…
The scope of the two Open General Export Licences (OGEL) for security items has been further refined and…