Airbnb discloses potential non-compliance with sanctions to OFAC & OFSI

Airbnb Inc. has disclosed in a Securities and Exchange Commission filing that since July 2019, it has conducted an internal review, and held discussions with OFAC about activities on its platform by certain users and in certain territories that are subject to US sanctions. The filing says that: OFAC has issued cautionary letters and no administrative penalty to Airbnb following …