Litigation

Sanctions Roundup Third Quarter 2021

Shearman & Sterling LLP

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CONTENTS CHINA ..............................................................................................................................................................................................................................1 US Takes 'Whole of Government' Approach to Warn of the Risks of Connections to Xinjiang and Hong Kong ..................................1 OFAC Designates Chinese Officials for Culpability in Hong Kong Crackdowns ....................................................................................... 2 Meng Wanzhou Returns to China, Ending Part of Long-Running Huawei Sanctions Saga ..................................................................... 2 RUSSIA ............................................................................................................................................................................................................................ 3 Biden Streamlines Russian Pipeline Authorities While State Department Identifies New Sanctions Targets ..................................... 3 Potential Second S-400 Purchase Prompts New Sanction Threats to Turkey........................................................................................... 4 Attack on Opposition Figure Navalny Prompts CBW Act Sanctions ........................................................................................................... 4 MYANMAR (BURMA) .................................................................................................................................................................................................... 5 OFAC Continues to Target Myanmar Military and Its Support Networks................................................................................................... 5 IRAN ................................................................................................................................................................................................................................. 6 OFAC RELEASES 2021 SANCTIONS REVIEW .......................................................................................................................................................... 7 US HIGHLIGHTS SANCTIONS THREAT POSED BY RISE IN CRYPTO-CURRENCY ........................................................................................... 9 OFAC TARGETS HUMAN RIGHTS VIOLATIONS IN CUBA .................................................................................................................................... 11 COUNTERTERRORISM DESIGNATIONS ................................................................................................................................................................. 12 OFAC TARGETS NARCOTICS TRAFFICKERS & CRIMINAL ORGANIZATIONS ................................................................................................. 14 ENFORCEMENT ACTIONS ......................................................................................................................................................................................... 15

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