President Trump's threatened Executive Order "banning" social media application TikTok prompted Microsoft to announce that it would "continue discussions to explore a purchase of TikTok in the United States."
OFAC designated a Chinese company and two individuals to the Specially Designated Nationals and Blocked Persons List. The designations were linked to human rights abuse in the Xinjiang Uyghur Autonomous Region.
The DOJ filed charges against the owner of two companies in Florida that provide Medicare services for submitting false and fraudulent claims in order to receive (i) reimbursement from Medicare and (ii) loans from the Paycheck Protection Program.
President Donald J. Trump authorized economic sanctions and travel restrictions against International Criminal Court personnel involved in investigating or prosecuting U.S. personnel without U.S. consent.
In a new FAQ, OFAC explained that it would not target persons in Iran manufacturing humanitarian goods, such as "medicines, medical devices, or products used for sanitation or hygiene" - provided that the products are solely for use in Iran and not exported.
The DOJ filed a $20 million civil forfeiture Complaint in the U.S. District Court for the District of Alaska alleging violations of the International Emergency and Economic Powers Act and Iranian Transactions and Sanction Regulations violations.
The Treasury Department issued an interim final rule that "establishes a fee for parties filing a formal written notice of a transaction for review by the Committee on Foreign Investment in the United States.”
OFAC urged persons subject to U.S. sanctions, including financial institutions and other businesses, to notify OFAC of any anticipated delays in meeting certain regulatory reporting deadlines due to COVID-19.
In a cyber threat advisory, the U.S. Departments of Treasury, State, Homeland Security, and the Federal Bureau of Investigation warned that North Korea is carrying out malicious activities to fund "regime priorities."