OFAC has announced a $1,869,144 settlement with Stanley Black & Decker and its foreign subsidiary Jiangsu Guoqiang Tools (GQ) to settle its potential civil liability for 23 apparent violations of the Iranian Transactions and Sanctions Regulations, (31 C.F.R. part 560). See OFAC Notice and US Treasury Enforcement Information. Between June 2013 and December 2014, GQ […]
Huawei have entered a not guilty plea to all 13 charges filed by the US Department of Justice. The charges include violating US sanctions on Iran and obstructing the course of justice in the subsequent investigation. Huawei is due to appear next in court on 4 April. See indictment and previous post.
Yesterday (28 January), the US Department of Justice announced that charges have been brought against Chinese telecommunications company Huawei Technologies Co Ltd (Huawei), two of its affiliates, Huawei Device USA Inc and Skycom Tech Co Ltd (Skycom), and Huawei’s CFO, Wanzhou Meng. The 13-count indictment includes allegations of sanctions violations (namely, the use of Skycom […]
The US is considering sanctions against 7 Chinese officials, including Chen Quanguo, the Communist Party Chief in Xinjiang, over the region’s detention of an estimated one million people – predominantly ethnic Uighurs, Kazakhs and other Muslim minority groups – as part of the country’s wider counter-terrorism campaign. Chinese companies involved in building detention camps and […]
Last week, the US Department of Commerce’s Bureau of Industry and Security (BIS) added 44 Chinese entities (8 entities and 36 subordinate institutions) to the Entity List for “acting contrary to the national security or foreign policy interests of the United States”. Some were specifically listed for their involvement in the “illicit procurement of [US-origin]...