Stay updated with breaking news from Department Section. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Forty-five years after publication of the regulations implementing Section 504 of the Rehabilitation Act of 1973, the landmark disability civil rights law, the U.S. Department of Education announced plans to gather public input on possible amendments
To print this article, all you need is to be registered or login on Mondaq.com. Pursuant to the Hong Kong Autonomy Act ("HKAA") Section 5(b), Treasury reported to Congress on foreign financial institutions ("FFIs") that "knowingly conducted a significant transaction" with sanctioned foreign persons. As previously covered, the Secretary of State named persons determined to have materially contributed to "the failure of the Government of China to meet its obligations under the Joint Declaration or the Basic Law" in the State Department's Section 5(a) Report. In its repor...
Financial Institutions Spared, for Now, from Secondary Sanctions after Treasury Department Issues âNull Reportâ Under Section 5(b) of the Hong Kong Autonomy Act On December 12, 2020, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued a much-anticipated report under Section 5(b) of the Hong Kong Autonomy Act (HKAA) that—to the relief of non-US financial institutions, including those in Hong Kong—stated the Treasury Department had not identified any foreign financial institution (FFI) at risk of secondary sanctions under the HKAA at this time. Background...