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 Global Magnitsky Designations; Issuance of Global Magnitsky General License; ​Issuance of Global Magnitsky Frequently Asked Question


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).​ 

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Last Updated: 7/31/2020 10:48 AM