Yesterday (14 February), OFAC announced a $5,512,564 penalty against Germany-based AppliChem GmbH for 304 violations of the Cuban Assets Control Regulations. Between May 2012 and February 2016, AppliChem is alleged to have sold chemical reagents to Cuba on 304 occasions to the value of €2,833,701 (approximately $3,433,495). See OFAC Notice and Treasury Enforcement Information…. This content is for subscribers onlyTo...
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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...
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