Issuance of Communist Chinese Military Companies General License 2 and Related Frequently Asked Questions; Issuance of Executive Order on Amending Executive Order 13959

Release date
01/14/2021
Body

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued General License 2, "Authorizing Securities Exchanges Operated by U.S. Persons to Engage in Transactions Involving Securities of Communist Chinese Military Companies."  OFAC has also published new frequently asked questions (871, 872, 873, 874) related to Executive Order (E.O.) 13959, "Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies."

In addition, the President has issued "Executive Order on Amending Executive Order 13959–Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies."