Airbus SE has reached an agreement with the US State Department to pay $10m to resolve civil violations of the Arms Export Control Act (AECA) and the International Traffic in Arms Act (ITAR) occurring between September 2011 and December 2019. Press release here. The charging letter says that Airbus’ violations include: (i) providing false statements on authorisation requests; (ii) failing …
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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 &...