US: EXECUTIVE ORDER ADDRESSING CHINESE SOFTWARE APPLICATIONS, INCLUDING PAYMENT SYSTEMS

On 5 January, a statement from the White House advised that a new Executive Order tasks the Secretary of Commerce to identify prohibited transactions involving 8 Chinese software applications, including payment services; directs the Secretary of Commerce to identify and take appropriate action against other software applications; and develops a programme to control the export of exploitable US user data to foreign adversaries.  The EO prohibits certain transactions with Chinese payment applications: AlipayCamScannerQQ WalletSHAREitTencent QQVMateWeChat Pay, and WPS Office, with effect from 18 February.

https://www.whitehouse.gov/briefings-statements/statement-national-security-advisor-robert-c-obrien-executive-order-addressing-chinese-software-applications/

https://www.europeansanctions.com/2021/01/new-executive-order-prohibits-certain-transactions-with-8-chinese-payment-apps/

Trump bars US transactions with eight Chinese apps including Alipay

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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