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Shwe Byain Phyu Group Of Companies

On the SDN listEntityBURMA-EO14014

Shwe Byain Phyu Group Of Companies (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: BURMA-EO14014. Addresses on file in: Burma. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Burma has 63 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Bahan Township, Yangon 11201 are listed below.

Sanctions program

Burma/Myanmar (Executive Order 14014) BURMA-EO14014

February 2021 order, issued after the military coup in Burma, targeting the armed forces, their leaders and the companies that finance them.

Also known as

  • SHWE BYAING PHYU GROUP · aka

Addresses on file

  • No. 16 Shwe Taung Kyar Road, 2 Ward Shwe Tuang Kyar, Bahan Township, Yangon 11201, Burma

OFAC remarks

Organization Established Date 1996; Organization Type: Activities of holding companies; Linked To: MYANMA ECONOMIC HOLDINGS PUBLIC COMPANY LIMITED.

Frequently asked questions

What does it mean that Shwe Byain Phyu Group Of Companies is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Shwe Byain Phyu Group Of Companies?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.