CBSA Webinar: Update on U.S. Sanctions Key Developments, and U.S. Bank Regulatory Regime for Non-U.S. Banks

Morrison & Foerster partners B. Chen Zhu and Jiang Liu spoke at a webinar “Update on U.S. Sanctions Key Developments, and U.S. Bank Regulatory Regime for Non-U.S. Banks” organized by the Chinese Banks’ Association (CBSA). The webinar discussed the following topics:

• The latest developments in U.S. sanctions targeting Hong Kong and secondary sanctions risks for Chinese/Hong Kong banks;
• Expanded U.S. sanctions against Iran’s financial sector and how they impact Chinese/Hong Kong banks;
• China’s Unreliable Entities List and what it means for Chinese/Hong Kong banks seeking to comply with U.S. sanctions; and
• The U.S. bank regulatory regime for non-U.S. banks.