OFAC SANCTIONS ON THOSE INVOLVED IN DRUGS TRADE

On 15 December, OFAC announced a new Executive Order imposing sanctions on foreign persons involved in the drugs trade.  It designates a Chinese national, Chuen Fat YIP (aka Chuan Fa YE), a Mexican and 4 Chinese entities and a Brazilian entity.  Many detail changes have been made to existing entries.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20211215

https://home.treasury.gov/news/press-releases/jy0535

https://www.state.gov/combating-transnational-crime-and-imposing-sanctions-on-persons-involved-in-the-global-illicit-drug-trade/

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: