OFAC has added two Taiwan entities and another in Hong Kong, as well as their managers, to its list of sanctions for illicit ship-to-ship transfers of fuel to North Korea.
A Hong Kong firm was sanctioned this week by the Office of Foreign Assets Control for its alleged role in the illegal transshipment of U.S. technology to Iran.
U.S. companies with business in Russia — even those not engaged in chemical or biological exports — should understand the sanctions to avoid compliance exposure, export compliance experts say.
The U.S. Treasury Department’s Office of Foreign Assets Control has started making examples of companies that did not take its administrative subpoenas for information involving alleged sanctions violations seriously.
Customs and Border Protection has updated its seizure mitigation guidelines involving licensed and non-licensed exports for its officers at the nation’s ports of entry.
PACCAR agreed to a $1.7 million settlement from the U.S. Treasury Department that its European subsidiary, DAT Trucks, illegally engaged in the sale 63 trucks to Iran between 2013 and 2015.
The U.S. Treasury Department’s Office of Terrorism and Financial Intelligence is at the center of the country’s efforts to counter national security and terrorism financing threats.
One of North Korea’s largest coal-hauling vessels has been taken out of service by U.S. authorities in the first-ever cargo ship seizure related to sanctions violations by Pyongyang. The vessel […]
