US AND UK BURMA/MYANMAR SANCTIONS

OFAC SANCTIONS MILITARY LEADERS, MILITARY-AFFILIATED CRONIES AND BUSINESSES, AND A MILITARY UNIT PRIOR TO ARMED FORCES DAY IN BURMA

On 25 March, US Treasury advised that OFAC has designated 5 individuals and 5 entities connected to Burma’s military regime, as the regime prepares to mark the 77th Armed Forces Day.  The names include individuals and related entities in connection with providing arms and equipment to Burma’s military regime.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220325

https://home.treasury.gov/news/press-releases/jy0679

UK ADDS 3 INDIVIDUALS AND 2 ENTITIES TO ITS BURMA/MYANMAR SANCTIONS LISTS

A Notice from HM Treasury on 25 March advised that 3 individuals, DYNASTY INTERNATIONAL COMPANY LTD and MYANMAR CHEMICAL & MACHINERY CO have been added to the UK Consolidated List.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1063555/Notice_Myanmar_250322.pdf

 

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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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