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Impact of US sanctions over Huawei

Trump’s administration has imposed a number of sanctions and limitations to commercial activities linked to China and in specific, the designation of Huawei Technologies Co Ltd to the trade blacklist.

As par of the aforementioned sanction, Alphabet Inc (holding of Google), decided to suspend businesses with Huawei.

Many wonder if the actions are part of the trade war, some other strategic elements or a way to reduce the advance of China in regards to 5G developments.

Users of Huawei phones will be able to use installed applications and to install further applications via google apps.

Nonetheless, as reported: “Huawei will only be able to use the public version of Android and will not be able to get access to proprietary apps and services from Google,” 

Source

https://www.reuters.com/article/us-huawei-tech-alphabet-exclusive/exclusive-google-suspends-some-business-with-huawei-after-trump-blacklist-source-idUSKCN1SP0NB

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Jaime Prieto

Mr. Jaime Prieto is a lawyer experienced in Financial Crime, Anti-Money Laundering and Counter Terrorism Financing having extensive professional experience in both public and private sectors. Mr. Prieto has been a Head of Compliance in the European Union, the Americas and the Caribbean for banks, trust companies, asset managers, Big Four audit and advisory firms, RegTechs, government agencies and other types of financial professionals. In addition to his experience, he has been legal and educational chair in several compliance and sectorial organisations and performed as a teacher and speaker for a number of organisations and in several local and international forums. Furthermore, Mr. Prieto is an experienced Money Laundering Reporting Officer anda Data Protection officer with additional experience in risk management.
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