On April 28, 2021, Ministry of Commerce (MOFCOM) issued Announcement No. 10
Guiding Opinions of Ministry of Commerce on Establishing the Internal Compliance Program for Export Control by Exporters of Dual-use Items (the “Compliance Guideline”). The Compliance Guideline substitutes the previous 2007 MOFCOM opinions and provides specific guidelines and suggestions for exporters to establish export compliance programs as the Export Control Law became effective on December 1, 2020.
Scope of application
The Compliance Guideline is not mandatory but serves as reference purposes. It applies to not only the general exporters, but also the following entities:
The exporters applying for the Instructions on End Users and End Uses to MOFCOM
On December 15, 2020, the Federal Deposit Insurance Corporation (“
Final Rule”) setting forth standards to apply to controlling shareholders of industrial banks that are not subject to consolidated supervision by the Board of Governors of the Federal Reserve System (“
Federal Reserve”). The Final Rule is substantially similar to the FDIC’s proposal announced March 17, 2020 (“
Proposed Rule”), and will take effect on April 1, 2021.
The Final Rule is prospective in the sense that it will not apply to an industrial bank that before the effective date is a subsidiary of a company that is not subject to consolidated supervision by the Federal Reserve.
The Final Rule caps a spate of recent developments in the chartering and regulation of industrial banks and the supervision of their shareholders. On March 17, 2020, the same day it announced the Proposed Rule, the FDIC approved applications for deposit insurance submitted by Square, Inc. and Nelnet, Inc., paving the w
Peter Daszak’s EcoHealth Alliance has hidden almost $40 million in Pentagon funding and militarized pandemic science Details
by Sam Husseini
“Pandemics are like terrorist attacks: We know roughly where they originate and what’s responsible for them, but we don’t know exactly when the next one will happen. They need to be handled the same way by identifying all possible sources and dismantling those before the next pandemic strikes.”
This statement was written in the New York Times earlier this year by Peter Daszak. Daszak is the longtime president of the EcoHealth Alliance, a New York-based non-profit whose claimed focus is pandemic prevention. But the EcoHealth Alliance, it turns out, is at the very centre of the COVID-19 pandemic in many ways.