On June 3, 2021, President Biden issued Executive Order 14032, which effectively rescinds and replaces the sanctions put into place late in the Trump administration pursuant to E.O. 13959...
In recent months, the Hong Kong Stock Exchange has stepped up its scrutiny of investments by Hong Kong-listed companies in various types of short-term investment products. Importantly, bu...
In its first public action with respect to the sanctions under the new Biden administration, OFAC issued an amended general license and two new responses to Frequently Asked Questions add...
On December 28, 2020 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released Frequently Asked Questions (FAQs) relating to Executive Order 13959, “Addre...
On November 12, 2020 President Trump issued a new Executive Order, “Executive Order on Addressing the Threat from the Securities Investments that Finance Communist Chinese Military Comp...
On October 17, 2020, the National People’s Congress Standing Committee adopted the Export Control Law of the People’s Republic of China (the “PRCECL”) within a year after the firs...
On October 14, 2020, the U.S. State Department submitted to relevant committees of Congress the report required under Section 5(a) of the Hong Kong Autonomy Act of 2020 (“HKAA”). The ...
On July 3, 2020, the Standing Committee of China’s National People’s Congress released the first draft of the Data Security Law of the People’s Republic of China (“Draft Law”). ...
President Trump signed into law the Hong Kong Autonomy Act and issued a new executive order, which collectively put into place a framework for the U.S. government’s policy response to C...
On August 6, the United Kingdom’s Serious Fraud Office (“SFO”) published new guidance on the steps companies should take in order to receive cooperation credit in the SFO’s chargi...