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Hong Kong Economic Sanctions

American Conference Institute (ACI)

[Event] European Forum on Global Economic Sanctions - June 5th - 6th, Berlin, Germany

Hosted by the C5 Group Inc., the 2024 European Forum on Global Economic Sanctions will explore the evolution of the global economic sanctions landscape, analyzing everything from the shifting geopolitics around the globe, to...more

Dorsey & Whitney LLP

Executive Order 14105 on Outbound Investment in China and Proposed Rule

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On August 9, President Biden issued Executive Order 14105 (“EO 14105”) on Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern. EO 14105 significantly reshapes...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong Regulatory Update - January 2023

查看中文 - This January 2023 update provides an overview of key regulatory developments in the past three months relevant to companies listed, or planning to list, on The Stock Exchange of Hong Kong Limited (HKEx) and their...more

Dechert LLP

Upcoming Regulatory Initiatives Impacting Private Fund Managers - September 2022

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This latest edition of the regulatory initiatives paper sets out at a high level the core regulatory issues that are likely to impact private fund managers in the coming months, including an overview of the key actions needed...more

Morrison & Foerster LLP

OFAC Year in Review 2021 – Part 1

2021 was a year of transition in the United States and for the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). OFAC’s year, while busy, was far different from 2020, as the Biden Administration’s...more

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

WilmerHale

Treasury Releases Long-Awaited Sanctions Policy Review

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The US Treasury Department has released its 2021 Sanctions Review (the “Review”), which describes the US sanctions framework and the agency’s future sanctions priorities. The Review reflects on the evolution over two decades...more

BCLP

China and the Hong Kong Special Administrative Region are In Focus for U.S. Export Controls and Sanctions

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U.S. and multinational companies with business involving China should be on the alert given recent changes in U.S. export controls and sanctions.  During the months of June and July this year, the U.S. government has taken...more

K2 Integrity

U.S. Government Issues Hong Kong Business Advisory

K2 Integrity on

On July 16, 2021, the U.S. Government issued a new advisory highlighting the growing risks associated with doing business in Hong Kong (“the Advisory”). The Advisory, issued by the U.S. Departments of State, Treasury,...more

Williams Mullen

Avalanche of Recent Export Requirements for China, Russia and Other Countries

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There’s been a non-stop bombardment of recent export amendments involving China and other “countries of concern” within the last six months.  The main driver behind these has been the U.S. Government’s concern about the...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

BCLP

One Administration to the Next: Changes Affecting U.S. Sanctions and Export Controls

BCLP on

While the Trump Administration ended with a continuing flurry of activity affecting U.S. sanctions and export controls, with several actions affecting parties in China and Hong Kong, the Biden Administration is taking a...more

Dorsey & Whitney LLP

U.S. Government Sanctions Chinese and Russian Entities and Creates New Military End User List

Dorsey & Whitney LLP on

Rounding out an already-intense 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued three notices in December that expanded export sanctions and restrictions against Chinese, Russian, and...more

ArentFox Schiff

US Export Controls: Business as Usual?

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Turning to the business of exports from the United States, the next section is a must-read for any company doing business in the United States or from the United States. Or for that matter, any company competing with affected...more

BCLP

Updates on U.S. sanctions affecting parties in Hong Kong and China - December 2020

BCLP on

Following our recent Client Alert published in October 2020 on the release of the Section 5(a) Report under the Hong Kong Autonomy Act of 2020 (“HKAA”), there have now been some further updates in relation to U.S. sanctions...more

Morgan Lewis

Hong Kong Autonomy Act: An Update

Morgan Lewis on

The US Secretary of the Treasury announced sanctions this summer on 11 individuals who the Secretary views as being involved in implementing the recently enacted Law of the People’s Republic of China on Safeguarding National...more

Williams Mullen

The New US Rules for Export Trade with Hong Kong

Williams Mullen on

Earlier this year, the U.S. Government initiated a series of actions to address the People’s Republic of China’s continuing efforts to undermine the autonomy of the Special Administrative Region of Hong Kong (Hong Kong)....more

Pillsbury Winthrop Shaw Pittman LLP

Updated List of U.S. National Security Actions Impacting Supply Chains

Pillsbury’s International Trade team is tracking developing U.S. government measures with widespread implications for the tech, telecom and government contracting industries. The Trump administration has long focused on...more

Kelley Drye & Warren LLP

OFAC announces first Hong Kong sanctions designations

On Friday, OFAC issued its first designations under the new Hong Kong sanctions program imposed by E.O. 13936. OFAC added 11 current and former Hong Kong government officials, including Carrie Lam, Hong Kong’s Chief...more

Kelley Drye & Warren LLP

China and Hong Kong Developments: Sanctions, Export Controls, and Supply Chain Risks

Over the last month, the United States has taken a variety steps to increase pressure on China in response to the imposition of China’s National Security Law in Hong Kong and alleged human rights abuses in Xinjiang. The...more

Morgan Lewis

Executive Order on Hong Kong Normalization: Extension and Expansion of the Hong Kong Autonomy Act

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President Donald Trump issued Executive Order 13936 on July 14 titled “The President’s Executive Order on Hong Kong Normalization” (the Executive Order or EO 13936). On the same day, the Hong Kong Autonomy Act (HR 7440) was...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

Perkins Coie

Hong Kong Autonomy Act Signals Significant Shift in US-Hong Kong Relations

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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

BCLP

US Government Formalizes End of Preferential Treatment for Hong Kong, Imposes Additional Sanctions Measures Affecting China and...

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The US Government is continuing to implement measures under US export controls and economic sanctions in response to China’s recent actions involving Hong Kong, including China’s enactment of a new national security law on...more

WilmerHale

Trump Administration and Congress Ratchet Up US Sanctions Against China

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The US government has established new authorities to impose sanctions in response to China’s national security law for Hong Kong, increasing the compliance risks for international banks and other companies that do business in...more

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