News & Analysis as of

Foreign Relations Hong Kong

The Volkov Law Group

OFAC Settles with Hong Kong Trading Company for $5.2 Million for Violations of Iran Sanctions Program

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OFAC is off to a quick start in 2022.  After announcing its Airbnb enforcement action in the beginning of January, OFAC announced a settlement with Sojitz (Hong Kong) Limited, a Hong Kong, China-based company that engages in...more

Morgan Lewis

OFAC Publishes Hong Kong Sanctions Regulations: Implications for Business With Hong Kong Entities

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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published final rules on January 15, 2021, implementing the sanctions put in place by Executive Order 13936 (EO 13936) and the Hong Kong Autonomy Act...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong’s Exchange Improves Its Allure for Chinese Issuers

Despite the impact of COVID-19 and other recent developments in Hong Kong, the city’s role as a center for China-based companies to raise capital became even more important in 2020. The momentum of several trends that began...more

Sheppard Mullin Richter & Hampton LLP

Nota Bene Episode 91: China Q3 Check In - Trade Wars, GDP Growth, Pandemic Comparatives, and Hong Kong with Michael Zhang

Nota Bene Episode 91: China Q3 Check In - Trade Wars, GDP Growth, Pandemic Comparatives, and Hong Kong with Michael Zhang With tensions between the U.S. and China not likely to de-escalate any time soon, what is likely to...more

Hogan Lovells

UK extends China arms embargo to Hong Kong but stops short of announcing sanctions designations

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On 20 July 2020, UK Foreign Secretary Dominic Raab announced (through a statement to the House of Commons) that as part of the UK's response to China’s imposition of new national security laws on Hong Kong...more

Jones Day

Hong Kong Implements New National Security Law - Hong Kong has recently implemented a national security law that aims to safeguard...

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On June 30, 2020, the Standing Committee of the National People's Congress of the People's Republic of China passed the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special...more

K2 Integrity

U.S. Takes Additional Measures to Respond to China’s Policies on Hong Kong and Xinjiang

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Summary - On July 14, 2020, President Trump took additional actions to address China’s policies regarding Hong Kong. These actions follow last week’s designation of high-ranking Chinese officials for alleged human rights...more

Akin Gump Strauss Hauer & Feld LLP

The New National Security Law for Hong Kong Takes Effect

On June 30, the Standing Committee of the National People’s Congress (the “Standing Committee”) in the People’s Republic of China (“China”) unanimously passed The Law of the People’s Republic of China on Safeguarding National...more

Akin Gump Strauss Hauer & Feld LLP

The Unfolding Shape of the New National Security Law for Hong Kong

Following the decision taken by China’s National People’s Congress to adopt a new national security law (the “Security Law”) for the Hong Kong Special Administrative Region (“Hong Kong”) on May 28, the Standing Committee of...more

K2 Integrity

U.S. Prepares Further Measures to Respond to China’s Hong Kong Crackdown

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Summary - In response to Beijing’s moves to impose a controversial national security law on Hong Kong, President Trump announced on May 27th a limited visa ban on Chinese students and possible future steps that could...more

Akin Gump Strauss Hauer & Feld LLP

New China National Security Law

The National People’s Congress in China has today adopted a resolution paving the way for a new national security law to apply to Hong Kong. The law is expected to focus on the prevention and punishment of secession, the...more

Hogan Lovells

U.S. decertification under the Hong Kong Policy Act – what is changing now, and what happens next?

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On 27 May 2020 U.S. Secretary of State Pompeo certified to Congress that the State Department no longer considers Hong Kong to have significant autonomy from China and therefore "Hong Kong does not continue to warrant...more

Society of Corporate Compliance and Ethics...

US charges blockchain specialist; China designates US nonprofits

CEP Magazine (February 2020)  - Virgil Griffith, an American citizen, was arrested Nov. 30 after speaking on blockchain solutions at the April 2019 Pyongyang Blockchain and Cryptocurrency Conference in North Korea....more

K2 Integrity

Congress Passes Hong Kong-Related Sanctions, But President Might Veto

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The U.S. House of Representatives on November 20, 2019, passed the Senate version of a bill targeting Hong Kong and Chinese officials responsible for the violent crackdown on protesters in Hong Kong. The bill passed the...more

K2 Integrity

Congress Likely to Pass Sanctions Targeting Hong Kong and Chinese Officials

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The U.S. Senate on November 19, 2019, unanimously approved sanctions targeting Hong Kong and Chinese officials responsible for the violent crackdown on protesters in Hong Kong, threatening to further strain U.S.-Chinese...more

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