By Maya Lester KC & Michael O’Kane

OFAC announces $473k settlement with Keysight Technologies

OFAC has announced that California-based Keysight Technologies, a producer of electronic test and measurement equipment, has agreed to pay $473,157 on behalf of its former Finnish subsidiary Anite Finland to settle liability for breaches of Iran sanctions. From January 2016 to June 2016, Anite completed 6 orders, valued at $331,089, of goods that incorporated 10% or more of US export-controlled …

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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