Karen R. King
Paul Weiss Rifkind Wharton & Garrison LLP
Articles
Update on Communist Chinese Military Companies (CCMCs) Sanctions: Amended Executive Order, New OFAC Guidance, Expanded Criteria for CCMCs, and Additional CCMCs Identified
USA - January 16 2021 On November 12, 2020, President Trump issued an Executive Order titled “Addressing the Threat from Securities Investments that Finance Communist...
Jessica S. Carey, Xiaoyu Greg Liu, Roberto J. Gonzalez, Rachel Fiorill, Christopher D. Frey, Joshua R. Thompson, Brad S. Karp, Joel H. LeoGrande, Michael E. Gertzman, Richard S. Elliott, H. Christopher Boehning.
New Guidance Clarifies OFAC’s Broad Interpretation of Recent Sanctions Against Communist Chinese Military Companies
USA - January 4 2021 On December 28, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued eagerly anticipated guidance clarifying...
Jessica S. Carey, Xiaoyu Greg Liu, Roberto J. Gonzalez, Rachel Fiorill, Christopher D. Frey, Joshua R. Thompson, Brad S. Karp, Joel H. LeoGrande, Michael E. Gertzman, Richard S. Elliott, H. Christopher Boehning.
FinCEN Proposes New Requirements for Reporting and Recordkeeping on Certain Transactions Involving Convertible Virtual Currency and Digital Asset Transactions
USA - December 29 2020 On December 18, 2020, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking that would...
Jessica S. Carey, Roberto J. Gonzalez, Christopher D. Frey, Jacobus J. Schutte, Jeannie S. Rhee, Brad S. Karp, Jonathan Ashtor, Carly Lagrotteria, Michael E. Gertzman, Mark F. Mendelsohn, Richard S. Elliott, H. Christopher Boehning.
United States Imposes Sanctions on Turkey under CAATSA Section 231 for Purchase of Russian Missile System
USA, Russia, Turkey - December 21 2020 On December 14, 2020, the U.S. imposed sanctions on the Republic of Turkey’s Presidency of Defense Industries (“SSB”) pursuant to Section 231 of the...
Jessica S. Carey, Roberto J. Gonzalez, Rachel Fiorill, Christopher D. Frey, Brad S. Karp, Maria E. Eliot, Michael E. Gertzman, Mark F. Mendelsohn, Richard S. Elliott, H. Christopher Boehning.
President Signs Holding Foreign Companies Accountable Act
USA - December 21 2020 The Holding Foreign Companies Accountable Act (the “Act”) was signed into law on December 18, 2020. The Act requires rulemaking by the Securities and...
Xiaoyu Greg Liu, Roberto J. Gonzalez, Judie Ng Shortell, Betty Yap, Mark S. Bergman, Andrew J. Ehrlich.
