BIS fines German company & issues suspended export ban for Iran sanctions violations

It has been reported the US Commerce Department’s Bureau of Industry and Security (BIS) has issued an order relating to MSI Aircraft Maintenance Services, a German company. Between 2011 and 2012, MSI conspired with an affiliated German company and Iran’s Mahan Airways to export 3 shipments of US-origin aircraft parts (reservoir and valve assemblies) worth approximately $51,921 to Iran via …