FOURTH QUARTER 2021
• President Biden signs Xinjiang forced labor legislation as US
sanctions numerous Chinese tech firms for ties to PRC military, and
further targets officials for undermining Hong Kong's autonomy.
• State Department sanctions firm involved in constructing Nord
Stream 2 as concerns grow over another potential Russian invasion
of Ukraine.
• EU's top court finds that EU operators may terminate Iran contracts if
sanctions present "disproportionate economic consequences."
• US addresses human rights abuses and targets corrupt actors
worldwide to coincide with US-led Summit for Democracy.
• US financial institution settles two actions for compliance failures
associated with maintaining bank accounts for sanctioned
customers.
