The U.S. government on July 14, 2020, took two significant steps to address the evolving situation in Hong Kong. These were primarily in response to the enactment of the Law of the People's Republic of China on Safeguarding...more
7/22/2020
/ Blocking Sanctions ,
China ,
Economic Sanctions ,
Exceptions ,
Executive Orders ,
Export Controls ,
Foreign Financial Institutions (FFI) ,
Foreign Persons ,
Hong Kong ,
Hong Kong Autonomy Act (HKAA) ,
Penalties ,
Preferential Trade Status ,
Termination Clauses ,
Trump Administration ,
US Trade Policies
The Office of Foreign Assets Control (OFAC), an agency of the U.S. Department of the Treasury, administers and enforces U.S. economic sanctions programs against targeted foreign governments, individuals, groups and entities...more
5/8/2019
/ Audits ,
Chief Compliance Officers ,
Corporate Counsel ,
Corporate Officers ,
Economic Sanctions ,
Enforcement Actions ,
Internal Controls ,
National Security ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Policies and Procedures ,
Risk Assessment ,
Senior Managers