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Corruption, Crime & Compliance: Deep Dive into SCG Plastics' $20 Million Settlement with OFAC to Resolve Violations of Iran Sanctions Program | Thomas Fox - Compliance Evangelist

OFAC is capable of extending a long arm of enforcement, reaching sometimes non-U.S. companies that may “cause” another company to violate U.S. Sanctions laws. If you need. ....

Michael Volkov , Iran Sanctions Program , Iran Sanctions , High Density Polyethylene Resin ,

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 , Foreign Assets Control , Iranian Transactions , Sanctions Regulations , Apparent Violations , Riminal Law , Sojitz Hong Kong Limited , Ojitz Hong Kong Violations , Ranian Transactions And Sanctions Regulations , High Density Polyethylene Resin , Tsr Violations , 1cfr 560 203 ,