OFAC lists 5 Chinese persons under Kingpin Act & FinCEN publishes trafficking advisories in coordinated action

OFAC and Financial Crimes Enforcement Network (FinCEN) have brought a coordinated action to impose pressure on “those who manufacture, sell, or distribute synthetic opioids or their precursor chemicals” by imposing targeted sanctions and publishing advisories on narcotics trafficking. OFAC Press Release. OFAC has listed 3 Chinese nationals and 2 entities pursuant to the US Kingpin Act (asset freeze). Xiaobing Yan; …

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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