Author

Kenneth See

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In brief On 17 May 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued an additional round of sanctions pursuant to Executive Order 14014 “Blocking Property with Respect to the Situation in Burma” (“EO 14014”). It designates and adds the State Administrative Council (“SAC”), four individual members of the SAC, seven SAC-appointed ministers, the SAC-appointed governor of the Central Bank of Myanmar (“CBM”), the SAC-appointed chairman of the Union Election…