Litigation

Sanctions Round Up Fourth Quarter 2021

Shearman & Sterling LLP

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CONTENTS CHINA ..............................................................................................................................................................................................................................1 President Biden Signs Xinjiang Forced Labor Legislation into Law ..............................................................................................................1 Commerce Department Blacklists Host of Chinese Companies for Military Ties ..................................................................................... 2 Chinese Tech Firms Identified as Non-SDN CMICCs ...................................................................................................................................... 2 State Department Identifies PRC Officials for Undermining Hong Kong Autonomy ................................................................................ 3 SEC Implements Holding Foreign Companies Accountable Act .................................................................................................................. 3 RUSSIA ............................................................................................................................................................................................................................ 5 State Department Sanctions NS2 Developers as Germany Appeals to US Lawmakers ......................................................................... 5 US and EU Unite in Opposition to Russian Aggression Against Ukraine .................................................................................................... 5 IRAN ................................................................................................................................................................................................................................. 7 OFAC Designates Iranian Individuals for Election Interference ................................................................................................................... 7 European Court of Justice Issues New Guidance on EU Blocking Regulation .......................................................................................... 7 US TARGETS CYBER-OPERATORS AND SPYWARE DEVELOPERS ..................................................................................................................... 9 OFAC TARGETS CORRUPT ACTORS AND HUMAN RIGHTS VIOLATORS AROUND THE WORLD ............................................................... 11 COUNTERTERRORISM DESIGNATIONS ................................................................................................................................................................. 13 OFAC TARGETS NARCOTICS TRAFFICKERS & CRIMINAL ORGANIZATIONS ................................................................................................. 15 ENFORCEMENT ACTIONS ......................................................................................................................................................................................... 17

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