U.S. Reimposes Economic Sanctions On Military Regime in Burma
By EsqSocial Corporation 07/06/21
Effective June 1, 2021, the U.S. Department of the Treasury's Office of Foreign Assets Control (“OFAC”) published new Burmese Sanctions Regulations (“BSR”) that implement President Biden’s February 10, 2021, Executive Order 14014 (“E.O. 14014”), which was issued in response to a coup by the Burmese military to overthrow the country’s democratically elected civilian government. The coup leaders have arrested and detained many of Burma’s government and political leaders, human rights advocates,...
By: Dorsey & Whitney LLP