The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Global Magnitsky General License 2 "Authorizing Certain Wind Down and Divestment Transactions and Activities Related to Blocked Subsidiaries of the Xinjiang Production and Construction Corps (XPCC)". OFAC is also issuing a new Global Magnitsky frequently asked question.
In addition, OFAC has added the following names to its list of Specially Designated Nationals and Blocked Persons.
The following individuals have been added to OFAC's SDN List:
PENG, Jiarui (Chinese Simplified: 彭家瑞), Xinjiang, China; DOB Apr 1961; nationality China; Gender Male (individual) [GLOMAG] (Linked To: XINJIANG PRODUCTION AND CONSTRUCTION CORPS).
SUN, Jinlong (Chinese Simplified: 孙金龙), Xinjiang, China; DOB Jan 1962; nationality China; Gender Male (individual) [GLOMAG] (Linked To: XINJIANG PRODUCTION AND CONSTRUCTION CORPS).
The following entity has been added to OFAC's SDN List:
XINJIANG PRODUCTION AND CONSTRUCTION CORPS (Chinese Simplified: 新疆生产建设兵团), Xinjiang, China [GLOMAG] (Linked To: CHEN, Quanguo).