United States: OFAC Issues New Guidance On Chinese Military Companies Sanctions - Cadwalader, Wickersham & Taft LLP

United States: OFAC Issues New Guidance On Chinese Military Companies Sanctions - Cadwalader, Wickersham & Taft LLP

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OFAC clarified in new FAQ 862 that Executive Order ("EO") 13959 does not require U.S. persons to divest their holdings in the publicly traded securities of identified Communist Chinese military companies by January 11, 2021.

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