OFAC Settles with Sojitz HK for ITSR Violations
The Office of Foreign Assets Control OFAC of the Department of the Treasury announced a settlement with Sojitz Hong Kong Limited, a Chinese subsidiary of Sojitz Corporation, headquartered in Japan, over violations of the Iranian Transactions and Sanctions Regulations ITSR.
Hong Kong Sojitz Hong Kong Limited Us Department Of The Treasury Sojitz Hong Kong Sojitz Corporation Office Of Foreign Assets Control
Source: natlawreview.com