Sanctions Top-5 for the week ending 18 December 2020

  1. The US Commerce Department’s Bureau of Industry and Security (BIS) added 60 Chinese entities to the Entity List, including chipmaker Semiconductor Manufacturing International Corporation (SMIC). The targets are accused of engaging in a range of activities contrary to US national security and foreign policy interests, as explained in this Federal Register notice and this State Department news release. (More on this below.)
  2. The US State Department announced sanctions on Turkey’s Presidency of Defense Industries (SSB), a military procurement office, and several of its top employees under Section 231 of the Countering America’s Adversaries Through Sanctions Act (CAATSA), in response to Turkey’s 2017 purchase of a Russian S-400 missile system. SSB is subject to a menu of targeted sanctions and export controls. The employees were named Specially Designated Nationals (SDNs). Following the announcement, the US Office of Foreign Assets Control (OFAC) introduced a new “Non-SDN Menu-Based Sanctions (NS-MBS) List” that currently only lists SSB.
  3. The European Union added 30 individuals and 6 entities to the EU Sanctions List in response to the ongoing situation in Belarus. They include “economic actors, prominent businessmen and companies benefiting from and/or supporting the regime of Aleksandr Lukashenko,” according to an EU Council press release.
  4. OFAC named four companies in China and the UAE as SDNs under Executive Order 13846 for engaging in transactions with Triliance Petrochemical Co. Ltd., a Hong Kong-based company sanctioned in January 2020 for Iran-related trade. Meanwhile, the State Department announced sanctions under Executive Order 13846 against a Vietnamese company and its managing director for knowingly engaging in a transaction for the transport of petroleum from Iran.
  5. OFAC named a Venezuelan voting machine vendor and two of its officers as SDNs under Executive Order 13692 for providing equipment and services to the Venezuelan government used in the country’s 6 December legislative elections. According to a State Department news release, the machines were shipped to Venezuela from China (via Iran) by SDN airlines Mahan Air and Conviasa. OFAC used the same authority to sanction China’s CEIEC a few weeks ago.




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Nicholas Turner

Nicholas Turner


US attorney in Hong Kong specializing in economic sanctions, financial crimes. Sign up for emails: LinkedIn at: