The Courts of Appeal for the Ninth Circuit and the D.C. Circuit separately granted the Biden administration's motions to hold in abeyance the government's appeals of lower court injunctions of President Donald Trump's Executive Orders on WeChat and TikTok.
OFAC permitted transactions by U.S.-operated securities exchanges involving the purchase or sale of securities related to newly listed entities on OFAC's Non-Specially Designated Nationals Communist Chinese Military Companies List.
OFAC authorized certain transactions that involve the publicly traded securities of an entity whose name "closely matches" that of a Communist Chinese military company previously identified by Executive Order.
OFAC issued new guidance to clarify permissible activities by U.S. persons and reiterate the scope of prohibition under an Executive Order addressing the threat from securities investments that finance communist Chinese military companies.