The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Protecting American Intellectual Property Act of 2022 (PAIPA) General License 1, "Transactions Authorized Pursuant to the Cyber-Related Sanctions Regulations;" and Protecting American Intellectual Property Act of 2022 (PAIPA) General License 2, "Authorizing the Wind Down of Transactions Involving Certain Entities Blocked on October 19, 2026."
OFAC has also made the following changes to its Non-SDN Menu Based Sanctions List (NS-MBS List).
NON-SDN Menu-Based SANCTIONS LIST UPDATE
The following entities have been added to OFAC's Non-SDN Menu-Based Sanctions List:
BEIJING QIJI CHUANGTAN PHASE I VENTURE CAPITAL CENTER LIMITED PARTNERSHIP (Chinese Simplified: 北京奇绩创坛一期创业投资中心 有限合伙) (a.k.a. MIRACLE PLUS RMB FUND I), No. 601, 6th Floor, No. 28 Chengfu Road, Haidian District, Beijing 100000, China; Organization Established Date Jun 2020; PAIPA Section 2 Information: BLOCKING OF PROPERTY (entity). Sec.2(b)(1)(A) - All property and interests in property of this entity are blocked, and all transactions with this entity are prohibited, except for the importation of goods.; alt. PAIPA Section 2 Information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec.2(b)(1)(D) - United States financial institutions are prohibited from making loans or providing credits to this entity totaling more than $10,000,000 in any 12-month period, subject to the exception set forth in PAIPA Section 2(b)(1)(D).; alt. PAIPA Section 2 Information: FOREIGN EXCHANGE. Sec.2(b)(1)(H) - Transactions in foreign exchange that are subject to the jurisdiction of the United States and in which this entity has any interest are prohibited.; alt. PAIPA Section 2 Information: BANKING TRANSACTIONS. Sec.2(b)(1)(I) - Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of this entity, are prohibited.; alt. PAIPA Section 2 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec.2(b)(1)(J) - Any United States person is prohibited from investing in or purchasing significant amounts of equity or debt instruments of this entity.; Unified Social Credit Code (USCC) 91110108MA01QB5K5M (China) [PAIPA] (Linked To: QIJI CHUANGTAN BEIJING INVESTMENT MANAGEMENT CO LTD).
BEIJING QIJI CHUANGTAN PHASE II VENTURE CAPITAL CENTER LIMITED PARTNERSHIP (Chinese Simplified: 北京奇绩创坛二期创业投资中心 有限合伙) (a.k.a. BEIJING QIJICHUANGTANERQI CHUANGYE INVESTMENT CENTER (LIMITED PARTNERSHIP); a.k.a. MIRACLE PLUS RMB FUND II), No. 601, 6th Floor, No. 28 Chengfu Road, Haidian District, Beijing 100000, China; Organization Established Date Oct 2022; PAIPA Section 2 Information: BLOCKING OF PROPERTY (entity). Sec.2(b)(1)(A) - All property and interests in property of this entity are blocked, and all transactions with this entity are prohibited, except for the importation of goods.; alt. PAIPA Section 2 Information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec.2(b)(1)(D) - United States financial institutions are prohibited from making loans or providing credits to this entity totaling more than $10,000,000 in any 12-month period, subject to the exception set forth in PAIPA Section 2(b)(1)(D).; alt. PAIPA Section 2 Information: FOREIGN EXCHANGE. Sec.2(b)(1)(H) - Transactions in foreign exchange that are subject to the jurisdiction of the United States and in which this entity has any interest are prohibited.; alt. PAIPA Section 2 Information: BANKING TRANSACTIONS. Sec.2(b)(1)(I) - Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of this entity, are prohibited.; alt. PAIPA Section 2 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec.2(b)(1)(J) - Any United States person is prohibited from investing in or purchasing significant amounts of equity or debt instruments of this entity.; Unified Social Credit Code (USCC) 91110108MABQAUYK7G (China) [PAIPA] (Linked To: QIJI CHUANGTAN BEIJING INVESTMENT MANAGEMENT CO LTD).
BEIJING QIJI CHUANGTAN ZHIYUAN ENTERPRISE MANAGEMENT CENTER LIMITED PARTNERSHIP (Chinese Simplified: 北京奇绩创坛致远企业管理中心 有限合伙), No. 601, 6th Floor, No. 28 Chengfu Road, Haidian District, Beijing 100000, China; Organization Established Date 08 Nov 2019; PAIPA Section 2 Information: BLOCKING OF PROPERTY (entity). Sec.2(b)(1)(A) - All property and interests in property of this entity are blocked, and all transactions with this entity are prohibited, except for the importation of goods.; alt. PAIPA Section 2 Information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec.2(b)(1)(D) - United States financial institutions are prohibited from making loans or providing credits to this entity totaling more than $10,000,000 in any 12-month period, subject to the exception set forth in PAIPA Section 2(b)(1)(D).; alt. PAIPA Section 2 Information: FOREIGN EXCHANGE. Sec.2(b)(1)(H) - Transactions in foreign exchange that are subject to the jurisdiction of the United States and in which this entity has any interest are prohibited.; alt. PAIPA Section 2 Information: BANKING TRANSACTIONS. Sec.2(b)(1)(I) - Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of this entity, are prohibited.; alt. PAIPA Section 2 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec.2(b)(1)(J) - Any United States person is prohibited from investing in or purchasing significant amounts of equity or debt instruments of this entity.; Unified Social Credit Code (USCC) 91110108MA01NK6F9X (China) [PAIPA] (Linked To: QIJI CHUANGTAN BEIJING INVESTMENT MANAGEMENT CO LTD).
QIJI CHUANGTAN BEIJING INVESTMENT MANAGEMENT CO LTD (Chinese Simplified: 奇绩创坛 北京 投资管理有限责任公司) (a.k.a. MENGXI CHUANGTAN BEIJING INVESTMENT MANAGEMENT CO LTD; a.k.a. MIRACLEPLUS), No. 601, 6th Floor, No. 28 Chengfu Road, Haidian District, Beijing 100000, China; Organization Established Date 06 Mar 2019; PAIPA Section 2 Information: BLOCKING OF PROPERTY (entity). Sec.2(b)(1)(A) - All property and interests in property of this entity are blocked, and all transactions with this entity are prohibited, except for the importation of goods.; alt. PAIPA Section 2 Information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec.2(b)(1)(D) - United States financial institutions are prohibited from making loans or providing credits to this entity totaling more than $10,000,000 in any 12-month period, subject to the exception set forth in PAIPA Section 2(b)(1)(D).; alt. PAIPA Section 2 Information: FOREIGN EXCHANGE. Sec.2(b)(1)(H) - Transactions in foreign exchange that are subject to the jurisdiction of the United States and in which this entity has any interest are prohibited.; alt. PAIPA Section 2 Information: BANKING TRANSACTIONS. Sec.2(b)(1)(I) - Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of this entity, are prohibited.; alt. PAIPA Section 2 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec.2(b)(1)(J) - Any United States person is prohibited from investing in or purchasing significant amounts of equity or debt instruments of this entity.; Unified Social Credit Code (USCC) 91110108MA01HHAHXF (China) [PAIPA].
SHANGHAI ZHISUAN TECHNOLOGY CO LTD (Chinese Simplified: 上海至算科技有限公司), 44 Gongwei, Floor 1, Building 27, No. 487, Tianlin Road, Xuhui District, Shanghai 200000, China; Organization Established Date 17 Oct 2023; PAIPA Section 2 Information: BLOCKING OF PROPERTY (entity). Sec.2(b)(1)(A) - All property and interests in property of this entity are blocked, and all transactions with this entity are prohibited, except for the importation of goods.; alt. PAIPA Section 2 Information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec.2(b)(1)(D) - United States financial institutions are prohibited from making loans or providing credits to this entity totaling more than $10,000,000 in any 12-month period, subject to the exception set forth in PAIPA Section 2(b)(1)(D).; alt. PAIPA Section 2 Information: FOREIGN EXCHANGE. Sec.2(b)(1)(H) - Transactions in foreign exchange that are subject to the jurisdiction of the United States and in which this entity has any interest are prohibited.; alt. PAIPA Section 2 Information: BANKING TRANSACTIONS. Sec.2(b)(1)(I) - Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of this entity, are prohibited.; alt. PAIPA Section 2 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec.2(b)(1)(J) - Any United States person is prohibited from investing in or purchasing significant amounts of equity or debt instruments of this entity.; Unified Social Credit Code (USCC) 91310104MAD3LXU92B (China) [PAIPA].
Unrelated Administrative List Changes:
None