Executive Order 13959 Explained

Executive Order 13959 ExplainedThe executive order states that there is a national emergency due to malicious cyber-enabled activities originating from outside the United States that "constitute an unusual and extraordinary. 12, 2020, President Trump issued Executive Order 13959 (EO 13959), “Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies,” in response to national security concerns posed by the People’s Republic of China (PRC). Amending Executive Order 13959Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies Signed: 01/13/2021 Published: 01/19/2021 FR Citation: 86 FR 4875 FR Doc. On September 22, 2020, President Trump issued Executive Order 13950, “Combating Race and Sex Stereotyping” (the “Order”). Executive Order 13959—Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies | The American Presidency Project Donald J. White House Issues Amended Executive Order on Chinese ">White House Issues Amended Executive Order on Chinese. As explained in FAQ 861, under E. By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U. National Security & Defense. persons from purchasing securities of issuers so identified as CCMCs, as well as securities of other issuers identified by the Secretary of the Treasury as meeting the criteria of a CCMC or of a publicly listed subsidiary of a CCMC. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:. In addition, the President has issued "Executive Order on Amending Executive Order 13959–Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies. Federal Register :: Imposing Certain Sanctions in the Event ">Federal Register :: Imposing Certain Sanctions in the Event. Executive order 13959 prohibited financial institutions to use Chinese securities as collateral, momentarily. Executive Order 13959 was broader in scope and included instruments such as notes, drafts, bills of exchange or banker's acceptance with maturities at the time of issuance not exceeding nine months. President Biden Issues Executive Order Amending Prohibition. Executive Order on Amending Executive Order 13959–Addressing the Threat from Securities Investments that Finance Communist Chinese Military. Just three days before restrictions under Executive Order (EO) 13959 arising from Xiaomi Corporation’s designation by the US Department of Defense (DoD) as a Communist Chinese military company (CCMC) were to go into effect, on March 15, 2021, the US District Court for the District of Columbia granted Xiaomi’s request for a preliminary injunction …. military and federalized National Guard troops within the United States in particular circumstances, such as to suppress civil disorder, insurrection or rebellion. entities, including those operating overseas. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget. President Biden’s Executive Order 13985 follows the December 22, 2020, issuance of a nationwide preliminary injunction by the United States District Court for the. Hedge Fund Update: News You May Have Missed. The earlier version of the EO authorized only “purchase for value and sales. Implications of the New Executive Order Prohibiting …. Solactive will be updating its restricted list in the coming days. Executive orders are simply presidential directives issued to agents of the executive department by its boss. The Order applies to federal. President Biden Revokes Executive Order 13950 On January 20, 2021, as part of a new Executive Order titled "Advancing Racial Equity and Support for Underserved Communities Through the Federal Government," President Biden revoked Executive Order 13950, "Combating Race and Sex Stereotyping," which, among other things, prohibited federal contractors and subcontractors from providing. companies taken down which invested in the Chinese Military: https://www. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. On November 12, 2020, by Executive Order 13959, the President declared a national emergency pursuant to the International Emergency Economic Powers Act (50 U. OFAC FAQs Confirm the Suspension of the Restrictions on. Treasury Department’s Office of Foreign Assets Control (OFAC) issued guidance in the form of FAQs. Executive Order on Amending Executive Order 13959–Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies. persons, including individuals, institutional investors, pension funds, university endowments, banks, bond issuers, venture capital firms, private equity firms, index firms, and other U. White House Issues Amended Executive Order on Chinese. 13959, any transaction in publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of any Communist Chinese military company, as defined in E. Trump 45th President of the United States: 2017 ‐ 2021 Executive Order 13959—Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. Today, President Biden signed an Executive Order (E. Holding CCMC securities is no longer prohibited following the divestment period; however, purchases and sales. Notice on the Continuation of the National Emergency …. persons related to the following services are considered permissible, to the extent that such support services are not provided to U. 01D in light of Executive Order 13959 (the “Order”), which was signed on November 12, 2020. Executive orders are simply presidential directives issued to agents of the executive department by its boss. Executive Order 13848…what does it mean?…Never Give Up!">Executive Order 13848…what does it mean?…Never Give Up!. The Order prohibits, beginning 9:30 a. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. PDF Publication Date: 11/17/2020 Agency: Executive Office of the President Presidential Document E. impacted by Executive Order 13959 On June 3, 2021, President Biden signed a new executive order superseding the previously issued Executive Order 13959, originally signed in November 2020 by former President Trump. govwebsite belongs to an official government organization in the United States. (i) the authority granted by law to an executive department or agency, or head thereof; or (ii) the functions of the Director of the Office of Management and Budget. Executive Order 13959 of November 12, 2020 Addressing the Threat From Securities Investments That Fi-nance Communist Chinese Military Companies By the. Sections 1 through 5 of Executive Order 13959, as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 — Addressing the Threat From Securities. Syria-Related Sanctions (Executive Order 13894 of 2019) Feb 21, 2023: Transnational Criminal Organizations: Feb 08, 2023: Ukraine-/Russia-related Sanctions: Mar 08, 2023: Venezuela-Related Sanctions: May 01, 2023: Yemen-related Sanctions: Nov 18, 2021: Zimbabwe Sanctions: Dec 12, 2022. Executive Order Amending Ban on US ">US Government Issues Executive Order Amending Ban on US. The Executive Order 13658 minimum wage and the cash wage required for tipped employees are currently $11. The amended EO 13959 makes clear that US persons must divest their holdings in such securities within designated wind-down periods, after which possessing the securities will also be prohibited. (1) corruption, including the misappropriation of state assets, the expropriation of private assets for personal gain, corruption related to government. Executive Order 13959 charged the Department of Defense with identifying CCMCs. (a) the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order; and (b) the receipt of any contribution or provision of funds, goods, or services from any such person. The Executive Order applies to all transactions by U. Where appropriate, the Secretary of the Treasury, in consultation with the Attorney General and the Secretary of State, may exercise the authorities described in Executive Order. EO 13959, as amended by EO 14032, continues to apply to securities denominated in any currency that trade on a securities exchange or “over-the-counter” in any jurisdiction. Executive Orders : Human rights abuse or corruption, blocking property of persons involved Subjects Foreign policy, U. Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China ("Amended E. President Biden has listed 59 entities subject to the E. Executive Order To Reset And Expand Sanctions ">Biden Issued An Executive Order To Reset And Expand Sanctions. FACT SHEET: Executive Order Addressing the Threat from. Declaration of War: Executive Order 13959 takes effect Sat. Executive Order 13958—Establishing the President's Advisory 1776. In 1988, the reference base for the CPI-W was changed from 1967=100 to 1982-84=100. 13959 of November 12, 2020. Citing the PRC’s use of publicly traded securities to finance. this order with respect to a person listed in the Annex to this order, and to take necessary action to give effect to that determination. ) 13959, “Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies. Thursday, October 22, 2020. PDF Executive Order 13959. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. *On June 3, 2021 Executive Order 13959, which is referenced in this LawFlash, was amended by Executive Order 14032. Executive Order 13959 of November 12, 2020 Addressing the Threat From Securities Investments That Fi-nance Communist Chinese Military Companies By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency. (b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations. ) to further address the ongoing national emergency declared in E. The Order applies to federal agencies. Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China (“Amended E. The amended EO 13959 makes clear that US persons must divest their holdings in such securities within designated wind-down periods, after which possessing the securities will also be prohibited. 13959 has been updated and expanded. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. EXECUTIVE ORDER 13959 - - - - - - - ADDRESSING THE THREAT FROM SECURITIES INVESTMENTS THAT FINANCE COMMUNIST CHINESE MILITARY COMPANIES By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act. TRUMP, President of the United States of America, in order to take additional steps with respect to the national emergency declared in Executive Order 13959 of November 12, 2020 (Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies), to address the threat posed by the People's Republic. The newly signed order expands its scope to include companies tied to the People’s Republic of China’s military (CMIC). Executive Order 13959 is a U. On September 22, 2020, President Trump issued Executive Order 13950, “Combating Race and Sex Stereotyping” (the “Order”). This propped up margin calls because of the large exposure our financial institutions have to Chinese securities. Executive Order on Addressing the Threat from Securities Investments. Executive Order 13959 prohibits U. " It is essentially no longer in force since its first five paragraphs, the key. On September 12, 2018, by Executive Order 13848, the President declared a national emergency pursuant to the International Emergency Economic Powers Act (50 U. Sanctions Programs and Country Information. persons from investing anywhere in the world in publicly traded securities issued by companies believed to be operating in the field of China’s defense and surveillance technology or related to such companies. EO 13959 prohibits the purchase of publicly traded CCMC securities, including those that are derivative of, or otherwise designed to provide “investment exposure” to, CCMC securities, starting 60 days after an entity is identified as a CCMC. Sections 1 through 5 of Executive Order 13959, as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 — Addressing the. persons from purchasing securities of issuers so identified as CCMCs, as well as securities of other issuers identified by the Secretary of the Treasury. The new Executive Order 13959 (EO or the Order) bans transactions by US persons in publicly traded securities of companies identified as “Chinese military companies,” and includes a ban on trading in derivatives of those securities and any securities designed to “provide investment exposure” to such securities, thereby capturing Exchange Traded …. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. EO 14032 also revokes EO 13974, which amended EO 13959 to prohibit “possession” by US persons of CCMC securities. are no longer suitable for listing pursuant to Listed Company Manual Section 802. The Order applies to federal agencies. Today, President Biden signed an Executive Order (E. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget. President Biden’s Executive Order 13985 follows the December 22, 2020, issuance of a nationwide preliminary injunction by the United States District Court for the Northern District of California prohibiting OFCCP from implementing, enforcing, or effectuating Section 4 of Executive Order 13950 “in any manner against any recipient of. Executive Order Restricts U. [11] Until the early 1900s, executive orders were mostly unannounced and undocumented, and seen only by the agencies to which they were directed. Executive Order 13818—Blocking the Property of Persons ">Executive Order 13818—Blocking the Property of Persons. Today, President Biden signed an Executive Order (E. This amends and replaces Executive Order 13959 (“EO 13959”) and revokes Executive Order 13974 (“EO 13974”) that restricted investments in certain “Communist Chinese Military. The Order applies to federal agencies, federal contractors. Just three days before restrictions under Executive Order (EO) 13959 arising from Xiaomi Corporation’s designation by the US Department of Defense (DoD) as a Communist Chinese military company (CCMC) were to go into effect, on March 15, 2021, the US District Court for the District of Columbia granted Xiaomi’s request for a preliminary injunction order (the Court Order) against enforcement. When these securities were no longer accepted as collateral on January 27th, 2021, AMC stock surged. EO 13959 prohibits the purchase of publicly traded CCMC securities, including those that are derivative of, or otherwise designed to provide "investment exposure" to, CCMC securities, starting 60. The head of every executive agency shall, in consultation with the Director of the Office of Government Ethics, establish procedures to implement this subsection,. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. Issuance of Communist Chinese Military Companies General. (i) the authority granted by law to an executive department or agency, or head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. On September 12, 2018, by Executive Order 13848, the President declared a national emergency pursuant to the International Emergency Economic Powers Act (50 U. The executive order applies to investments in publicly traded securities of. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. Trump signed an Executive Order (Order) today declaring a national emergency. Communist Chinese Military Companies Listed Under E. Executive Order 13959—Addressing the Threat From Securities. (b) This order shall be implemented consistent with applicable law and subject to the availability of. Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China (“Amended E. Communist Chinese Military Companies Listed Under E. Sections 1 through 5 of Executive Order 13959, as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 —Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies), are hereby replaced and superseded in their entirety to read as follows: “ Section 1. Number: 2021-01228 PDF 2 pages Permalink Amends: EO 13959, November 12, 2020 Revoked by: EO 14032, June 3, 2021. Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of. Executive Order 13818—Blocking the Property of Persons. Along with the release of EO 14032, OFAC published certain new FAQs and updated several previously issued FAQs relating to EO 13959. 13959 of Nov 12, 2020 EO 13974, January 13, 2021 Superseded in part by: EO 14032, June 3, 2021 85 FR 73185 Page: 73185-73189 (5 pages) Document Number: 2020-25459 Document Details Document Statistics Page views: 212,034. Executive Order 13959 charged the Department of Defense with identifying CCMCs. Special Restored Republic via a GCR Report as of September …. Just three days before restrictions under Executive Order (EO) 13959 arising from Xiaomi Corporation’s designation by the US Department of Defense (DoD) as a Communist Chinese military company (CCMC) were to go into effect, on March 15, 2021, the US District Court for the District of Columbia granted Xiaomi’s request for a preliminary injunction …. The new Executive Order 13959 (EO or the Order) bans transactions by US persons in publicly traded securities of companies identified as “Chinese military companies,” and includes a ban on trading in derivatives of those securities and any securities designed to “provide investment exposure” to such securities, thereby capturing Exchange Traded …. (b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations. The Annex to Executive Order 13959 is replaced and superseded in its entirety by the Annex to this order. OFAC Publishes Frequently Asked Questions on Communist ">OFAC Publishes Frequently Asked Questions on Communist. Issuance of Communist Chinese Military Companies General License 2 and Related Frequently Asked Questions; Issuance of Executive Order on Amending Executive Order 13959 | Office of Foreign Assets Control Home Recent Actions Issuance of Communist Chinese Military Companies General License 2 and Relate. Executive Order 13959 is a U. US Amends Sanctions Targeting Investments in Securities of. On November 12, 2020, by Executive Order 13959, the President declared a national emergency pursuant to the International Emergency Economic Powers Act (50. State Street Global Advisors intends to comply with Executive Order 13959 dated November , 12, 2020 (the "Executive Order"), prohibiting transactions by United States persons in publicly traded securities of certain Chinese companies, as identified in the Executive Order and any. 13959, is prohibited regardless of such securities’ share of the underlying index. Amending Executive Order 13959Addressing the Threat From …. Issued on 12 November, Executive Order 13959 bans American individuals and institutions from purchasing securities in businesses deemed to be linked to the Chinese military, either directly or indirectly, by the Secretary of Defence. Section 4 (e) of Executive Order 13959 is amended to read as follows: “ (e) the term “transaction” means the purchase for value, or sale, of any publicly traded security; and”. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary,. List of securities and companies impacted by Executive Order. Executive Order 13919—Ordering the Selected Reserve of the Armed Forces. EO 13959, as amended by EO 14032, continues to apply to securities denominated in any currency that trade on a securities exchange or “over-the. The newly signed order expands its scope to include companies tied to the People’s Republic of China’s military. 13959”) NOTE: The list linked below reflects current. President signs Executive Order amending ban ">United States: President signs Executive Order amending ban. PDF Executive Order 13959—Addressing the Threat From Securities. Executive Order 13974 is hereby revoked in its entirety. Executive Order 13959—Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. Executive order 13959 prohibited financial institutions to use Chinese securities as collateral, momentarily. ”) persons from investing or possessing any security, company, or derivative of , that is established in mainland China and has investment exposure to the military of the People’s Republic of China (“CCMCs”). Executive Order Makes Clear US Persons Must ">Updated: Amended Executive Order Makes Clear US Persons Must. On June 3, 2021, the White House issued an Executive Order (EO) amending EO 13959 of November 12, 2020, which imposed restrictions on US persons transacting in publicly traded securities of companies identified by the US Department of Defense (DoD) as “Communist Chinese military companies” (CCMCs). Executive Order 13959 prohibits U. Sections 1 through 5 of Executive Order 13959, as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 —Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies), are hereby replaced and superseded in their entirety to read as follows: “ Section 1. persons in connection with prohibited transactions: clearing, execution, settlement, custody, transfer agency, back-end services, as well as other such support services. In November 2020, former President Trump signed Executive Order 13959, which prohibited United States (“U. (a) Nothing in this order shall be construed to impair or otherwise affect: (i) the authority granted by law to an executive department or agency, or head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. The Insurrection Act of 1807 is a United States federal law that empowers the President of the United States to deploy U. Section 4 (e) of Executive Order 13959 is amended to read as follows: “ (e) the term “transaction” means the purchase for value, or sale, of any publicly traded. General Resources Amended Executive Order 13959: Issuers and Securities Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China (“Amended E. Update on EO 13959 Prohibiting Transactions in Securities of …. Executive Order 13959—Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. Section 6 of Executive Order 13959 is amended to replace ‘‘Sec. Amendments to EO 13959. Executive Order 13959 is a U. The executive order prohibits U. Building on the Global Magnitsky Human Rights Accountability Act passed by Congress last year, President Donald J. Executive Order 13959—Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. Executive Order 14032 Could Be a Big Deal for AMC Stock">Executive Order 14032 Could Be a Big Deal for AMC Stock. Executive Order 13958—Establishing the President's Advisory …. 13959 Have More Than 1,100 Subsidiaries - United States Department of State Skip to content An official website of the United States government Here's how you know Official websites use. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. At a high level, amended EO 13959 continues to prohibit the purchase or sale by US Persons of publicly traded securities, or any publicly traded securities that are derivative of such securities or are designed to provide investment exposure to such securities, of certain Chinese companies listed in the Annex to EO 13959, or determined by the …. On June 3, 2021, President Biden issued Executive Order 14032, “Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China” (the “CMIC EO”). At a high level, amended EO 13959 continues to prohibit the purchase or sale by US Persons of publicly traded securities, or any publicly traded securities that are derivative of such securities or are designed to provide investment exposure to such securities, of certain Chinese companies listed in the Annex to EO 13959, or determined by the …. EO 13959 prohibits the purchase of publicly traded CCMC securities, including those that are derivative of, or otherwise designed to provide “investment exposure” to,. As we had previously reported based on the DoD’s issuance of its Section 1237 List, the Trump Administration then issued Executive Order 13959 (“EO 13959”) on November 12, 2020 to restrict U. All Recent Actions; Enforcement Actions; General Licenses; Miscellaneous;. General Resources Amended Executive Order 13959: Issuers and Securities Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China (“Amended E. In our December 7, 2020 issue of Hedge Fund Update, we summarized President Trump’s November 12, 2020 Executive Order Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies (“EO 13959”). 13959 of November 12, 2020 with respect to the threat posed by the. US Executive Order 13959. S : Civil and human rights, promotion efforts Notes This Executive order and its attached annex were released by the Office of the Press Secretary on December 21 and published in the Federal Register on December 26. (a) Nothing in this order shall be construed to impair or otherwise affect:. On June 3, 2021, the White House issued an Executive Order (EO) amending EO 13959 of November 12, 2020, which imposed restrictions on US persons transacting in publicly traded securities of companies identified by the US Department of Defense (DoD) as “Communist Chinese military companies” (CCMCs). (a) the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order; and (b) the receipt of any contribution or provision of funds, goods, or services from any such person. This ban would enter effect on 11 January 2021. ’s prohibition which make up the newly published NON-SDN CHINESE MILITARY-INDUSTRIAL COMPLEX COMPANIES LIST (NS-CMIC List). The order appears to limit visas only for graduate-level students and scholars from China’s Seven Sons of National Defense (SSNDs)—a group of seven Chinese universities under the supervision of the Ministry of. General Resources Amended Executive Order 13959: Issuers and Securities Executive Order 13959, as amended by Executive Order 14032 of June 3, 2021: Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China (“Amended E. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management. Updated information about EO 14032 can be found in New Executive. in Executive Order 13959 of November 12, 2020 (Addressing the Threat From Securities Investments That Finance Communist Chinese Military Com-panies), including. impacted by Executive Order 13959 On June 3, 2021, President Biden signed a new executive order superseding the previously issued Executive Order 13959, originally signed in November 2020 by former President Trump. What to Know About Trump EO 13950. Executive Order Prohibiting ">President Trump Issues Executive Order Prohibiting. Briefing Room Statements and Releases Today, President Biden signed an Executive Order (E. Amending Executive Order 13959Addressing the Threat …. Notice on the Continuation of the National Emergency with …. Executive Order 13959 and Subsequent Developments On November 12, 2020, then-President Donald J. Executive Order 13959 prohibits U. For CCMCs identified in the Annex to EO 13959, on November 12, 2020, the wind-down period will end on November 11, 2021. Executive Order 13959 and Subsequent Developments On November 12, 2020, then-President Donald J. The executive order prohibits U. The Secretary of the Treasury and the heads of agencies shall take all necessary steps to rescind any orders or prohibitions issued prior to the date of this order implementing or enforcing Executive Order 13974 or the versions of sections 1 through 5 of Executive Order 13959 replaced and. New and Updated OFAC Guidance. Treasury Department’s Office of Foreign Assets Control (OFAC) published FAQs related to two Chinese military companies sanctioned pursuant to Executive Order (E. By the authority vested in me as President by the Constitution and the laws of the United States of. President Biden Issues Executive Order Amending Prohibition on. This order is not intended to, and does not, serve to limit the Secretary of the Treasury's discretion to exercise the authorities provided in Executive Order 13694. Executive Order 13959—Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies. By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U. On Nov. The EO of January 14, 2021 amending EO 13959 replaces Sections 1(b) and 1(c) to expand the EO’s wind-down authorization to cover “any transaction” that is “solely to divest, in whole or in part, from securities” held by a US person. PDF 73185 Federal Register Presidential Documents. As part of a broader series of actions taken over the past year in response to China’s Military-Civil Fusion initiative, President Trump issued a new Executive Order (EO 13959 or the EO) on November 12, 2020, titled “Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies. Notice on the Continuation of the National Emergency With. 13959 of November 12, 2020 with. Executive Order 13848—Imposing Certain Sanctions in the Event ">Executive Order 13848—Imposing Certain Sanctions in the Event. persons from investing in any CCMC named by DoD under Section 1237. impacted by Executive Order 13959 On June 3, 2021, President Biden signed a new executive order superseding the previously issued Executive Order 13959, originally signed in November 2020 by former President Trump. Executive Order 13959 is a U. (i) the authority granted by law to an executive department or agency, or the head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. Sections 1 through 5 of Executive Order 13959, as amended by Executive Order 13974 of January 13, 2021 (Amending Executive Order 13959 — Addressing the Threat From Securities. (i) the authority granted by law to an executive department or agency, or head thereof; or (ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. Trump issued Executive Order 13959, Addressing the Threat from Securities Investments That Finance. In November 2020, former President Trump signed Executive Order 13959, which prohibited United States (“U. On September 22, 2020, President Trump issued Executive Order 13950, “Combating Race and Sex Stereotyping” (the “Order”). OFAC issues FAQs on sanctioned Chinese military companies. 13959") NOTE: The list linked below reflects current. NYSE to Commence Delisting Proceedings in Securities of Three Issuers to Comply with Executive Order 13959. We previously published a description of the sanctions implemented by EO 13959. The Executive Order applies to all transactions by U. Department of the Treasury. Executive Order 13959 is a U. 85 FR 73185. com/watch?v=FU7SLRaC-Os This takes down Three Gorges Dam facilities Bitcoin, Wuhan Lab, child and human trafficking and human experiments.