Notice of OFAC Sanctions Action

Source: US OFAC news
Summary: The U.S. Treasury’s OFAC announced changes to Hong Kong-related sanctions, removing some individuals from the SDN List after the termination of Executive Order 13936. Others previously sanctioned under the Hong Kong Autonomy Act (HKAA) were transferred from the SDN List to the Non-SDN Menu-Based Sanctions (NS-MBS) List, maintaining restrictions. The action reflects the shift from IEEPA-based sanctions to HKAA-mandated measures. U.S. persons remain prohibited from engaging with these individuals, except for limited import transactions.
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Source: US OFAC news
Summary: The U.S. Treasury’s OFAC announced changes to Hong Kong-related sanctions, removing some individuals from the SDN List after the termination of Executive Order 13936. Others previously sanctioned under the Hong Kong Autonomy Act (HKAA) were transferred from the SDN List to the Non-SDN Menu-Based Sanctions (NS-MBS) List, maintaining restrictions. The action reflects the shift from IEEPA-based sanctions to HKAA-mandated measures. U.S. persons remain prohibited from engaging with these individuals, except for limited import transactions.
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