OFAC FREQUENTLY ASKED QUESTION RELATED TO XIAOMI CORPORATION

On 27 May, OFAC published a replacement FAQ relating to US sanctions imposed, but suspended, against the Chinese company.  FAQ 880 is replaced by FAQ 896.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210527_43

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/896

 

 

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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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