EO 13848 is effective immediately upon execution by POTUS. So it's been in effect since 2018. I don't quite understand the interest in February 1, 2021. The EO provides general timeframes for conducting an assessment (within 45 days of election end) and for making a report with recommendations (within 45 days of making assessment). Without knowing the contents of the report I don't know we can ascertain that assets are being seized.