WASHINGTON (Reuters), – Monday’s United States sanctions warning warned that financial institutions who do business with Chinese officials will be sanctioned.

The five deputy directors of China’s Hong Kong liaison officer were named in a six-monthly State Department Report to Congress.

Name the Five brought to 39 the total number of U.S. Hong Kong Autonomy Act officials since October 2013.

“Foreign financial institutions that knowingly conduct significant transactions with the individuals listed in today’s report are subject to sanctions,” the State Department said, as it released an updated report to Congress required under the act.

It said the report underscored “deep concerns about Beijing’s clear efforts to deprive Hong Kongers of a meaningful voice” in Dec. 19 Legislative Council elections.

The United States have not approved any foreign financial institution to do business with anyone named in the Hong Kong act. It became law last January.

So-called secondary sanctions can be applied to financial institutions that violate the act. This includes restrictions on U.S. loan, foreign exchange, property transactions and exports, along with measures against executive officers.

The act requires that the U.S. Treasury identify such institutions within 30 to 60 days after the report is submitted to Congress.

These five people were named Monday as part of seven Chinese officials sanctioned by China in July for their crackdown on Hong Kong democracy.