A USA judge produced a request for information ordering three Chinese Banks to deliver transactional information linked to violations if the sanctions regime, in specific, linked to North Korea.
As per the subpoenas produced, record of transactions supporting or in favour or specifically target entities should be hand over in oder to determine if such transactions violated the sanctions regime and to define if Hong Kong was willingly supporting North Korea state owned entities.
The judge noted that US official failed to obtain information during visits to the banks in China.
Two of the three banks hold branches in the US and the three of them are partially state owned.
The ones with US branches were ordered to appear in court to testify in front of the jury while the third was to produce the information object of the rolling by end of March.
The reported information does not conclude if this deadline was respected.
