us-sanctions 01 October 2020
OFAC issues XPCC wind-down licenceLOG IN OR SUBSCRIBE TO READ THIS ARTICLE
The US Treasury Department’s Office of Foreign Assets Control (‘OFAC’) has issued a licence for companies winding down their activities with the Xinjiang Production and Construction Corp (‘XPCC’), which was sanctioned by the US Treasury on 31 July under the Global Magnitsky Act.
At the time,...
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