AML / OFAC: Sanctions on MYANMAR GEMS: SDN List
MGE: Designated as SDN
(1) Freezing of assets in the United States,
(2) With Americans (Note)
A ban on the trading of funds, goods and services is imposed.
Entities in which MGE owns more than 50% are also subject to the same sanctions.
However, transactions and activities that fall under the four types of General License issued by the Ministry of Finance on March 25 are permitted under the specified requirements.
–JETRO
https://www.jetro.go.jp/biznews/2021/04/b02b18982e241f4a.html
Burma-related Designation
U.S. Department of the Treasury
The following entity has been added to OFAC’s SDN List:
MYANMA GEMS ENTERPRISE (f.k.a. MYANMAR GEMS CORPORATION; a.k.a. MYANMAR GEMS ENTERPRISE), No. 70-072 Yarza Thingaha Road, Thapyaygone Ward, Zabuthiri Township, Naypyitaw, Burma; Rm Counter 23/24, G Flr, Mayangone, Rangoon, Burma; No. 66 Kaba Aye Pagoda Road, Mayangone Township, Rangoon, Burma [BURMA-EO14014].
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210408