Author

Eunkyung Kim Shin

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The US Government has imposed a series of sanctions against Myanmar Economic Corporation Limited (“MEC”) and Myanma Economic Holdings Public Company Limited (a.k.a. Myanmar Economic Holding Limited) (“MEHL”), two military-affiliated conglomerates, in response to the February military coup in Burma (Myanmar). The combined restrictions are likely to have a significant impact on business activities in Burma as these conglomerates have substantial interests and joint ventures in several sectors of the Burmese economy, including trading, natural…

On March 2, 2021, the US Government imposed a series of new measures against Russian Government officials and entities in response to the alleged poisoning and subsequent imprisonment of Russian opposition politician Aleksey Navalny. Specifically, the US State Department (“State”) imposed a number of financial sanctions and export restrictions on Russia; the Office of Foreign Assets Control (“OFAC”) within the US Treasury Department designated seven Russian officials to the List of Specially Designated Nationals and…

Baker McKenzie’s Global Supply Chain Compliance Blog recently published a post entitled, “UK, US and Canadian Governments Announce New Measures Over Alleged Xinjiang, China Human Rights Concerns”. The new blog post can be found here. The post outlines recent measures introduced by the governments of the United Kingdom, the United States, and Canada in response to the alleged human rights violations taking place in Xinjian, China. The new measures implemented by these governments include enhanced…

On January 19, 2021, the Trump administration issued Executive Order 13984 (“EO 13984”), “Taking Additional Steps To Address the National Emergency With Respect to Significant Malicious Cyber-Enabled Activities” which amends and expands Executive Order 13694 of April 1, 2015, to detect and deter the use of US infrastructure as a service (“IaaS”) products by foreign malicious cyber actors. Specifically, EO 13984 directs the US Department of Commerce (“Commerce”) to (i) issue regulations to detect and…