U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity allegations
[REGULATORY ACTION]Date Unspecified · Megvii
Failure Mode
REGULATORY ACTION
Event Date
Date Unspecified
Primary Entity
Megvii
Robotic Platform
Cross-Fleet / Unspecified
Jurisdiction / Location
Federal / Global
Audit Standard
Physical State Verified
Incident Abstract & Audit Findings
In December 2021, the U.S. Department of the Treasury added Megvii to the Non-SDN Chinese Military-Industrial Complex list, prohibiting all U.S. investment in the company. The Treasury accused Megvii of complicity in aiding the persecution of Uyghurs in China.
System & Fleet Architecture
Operating Manufacturer
Hardware Platform
Operational Sectors
Primary Sources & Evidentiary Filings
- Inspect Filing
https://www.reuters.com/markets/us/us-adds-more-chinese-firms-restricted-entity-list-commerce-2021-12-16/
https://www.reuters.com/markets/us/us-adds-more-chinese-firms-restricted-entity-list-commerce-2021-12-16/
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Details
Incident Context & FAQ
What happened in U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity allegations?
In December 2021, the U.S. Department of the Treasury added Megvii to the Non-SDN Chinese Military-Industrial Complex list, prohibiting all U.S. investment in the company. The Treasury accused Megvii of complicity in aiding the persecution of Uyghurs in China. This followed the October 2019 Entity List placement and preceded the Pentagon's January 2024 designation of Megvii as a 'Chinese Military Company Operating in the United States.'
When did this incident occur?
The incident is recorded as occurring on December 17, 2021 on the DEPLOY registry. The date reflects the underlying real-world event, not the registry record's creation date.
Who was involved in U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity allegations?
The incident is recorded as involving Megvii on the DEPLOY registry. No specific robot model is linked to this incident in the registry.
Has anyone responded to U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity allegations?
No responses to this incident are recorded on the DEPLOY registry. Operators, manufacturers, or affected parties can submit responses to the editorial team; absence is not a guarantee no response was issued.
What is the current status of U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity allegations?
This incident is an active record on the DEPLOY registry; no retraction or correction has been issued.