Trade and Manufacturing Monitor
Recent OFAC Settlement Highlights Need to Consider IP Address Geolocation Data
On December 30, 2020, the Office of Foreign Assets Control (“OFAC”) announced a settlement agreement with BitGo, Inc. (“BitGo”) for providing digital wallet services to users located in sanctioned jurisdictions,…
Commerce Announces New Military End User List, Naming over 100 Chinese and Russian Entities
Today, the Bureau of Industry and Security (BIS) announced that it will create a new “Military End-User List” (MEU List) to help exporters comply with the recently expanded military end-use and end-user restrictions (…
U.S. Imposes Entity List Restrictions on Large Chinese Semiconductor, Shipbuilding, and Drone Companies
Today, the United States added 60 companies in China and 17 companies located elsewhere to the Commerce Department’s Entity List. Among the Chinese firms targeted are chipmaker Semiconductor Manufacturing International…
Four Chinese Companies Added to Coming Securities Ban
Yesterday, the Department of Defense (DoD) designated four additional companies as owned or controlled by the Chinese military, expanding the list of “Communist Chinese military companies” (CCMCs) to 35 companies. As…
Chinese Tech Firm Subject to U.S. Sanctions for Supporting Censorship in Venezuela
On November 30, the United States sanctioned China National Electronics Import and Export Corporation (CEIEC) by adding the Chinese technology company to the Specially Designated National (SDN) List. Treasury’s Office…