JS Global discloses possible breach of US sanctions on IRISL

JS Global, a Hong Kong-based appliance maker, has disclosed in a US Securities and Exchange Commission (SEC) filing that, in 2017, its US subsidiary, SharkNinja Operating LLC, “engaged in a wire transfer in relation to a shipment on an Iranian-flagged vessel operated by the Islamic Republic of Iran Shipping Line (IRISL), which could be deemed a violation of the Iranian …

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About Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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