- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-09-28T19:32:00
The Department of Homeland Security (DHS) designated three companies to a growing list accused by the Biden administration of forced labor practices in the Xinjiang region of China.
In accordance with the Uyghur Forced Labor Prevention Act (UFLPA), an interagency task force was formed with the DHS as chair. The Forced Labor Enforcement Task Force now has designated 27 companies in China. The DHS published the revised UFLPA entity list as an appendix in a Federal Register notice Wednesday.
Goods produced by Xinjiang Zhongtai Group, Xinjiang Tianshan Wool Textile, and Xinjiang Tianmian Foundation Textile will be restricted from entering the United States, the DHS said in a press release Tuesday. The three companies combine to produce, manufacture, and sell textile, chemical, and building materials, including cashmere, wool, and yarn, among other products.
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2024-05-20T19:16:00Z By Aaron Nicodemus
A U.S. Senate report found three European automakers—Volkswagen, BMW, and Jaguar Land Rover—sold cars in the United States with parts sourced from a supplier suspected of using forced labor from China’s Xinjiang region.
2024-05-16T16:16:00Z By Kyle Brasseur
The Department of Homeland Security announced its largest batch of additions to the list of companies blocked under the Uyghur Forced Labor Prevention Act in the form of a sweep of the Chinese textile industry.
2024-04-17T16:32:00Z By Jeff Dale
Sen. Tom Cotton (R-Ark.) is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
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The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
2025-04-15T07:30:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
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Block Inc., maker of the popular Cash App, has been hit with a $40 million fine by New York for its alleged failure to report suspicious activity. The move marks the latest in a string of recent state and federal enforcement actions against the company.
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