OFAC has announced that UniControl, an Ohio-based manufacturer, has agreed to pay $216,464 to settle its civil liability for violations of the Iran Transactions and Sanctions Regulations (ITSR). Between July 2013 and March 2017, UniControl exported to 2 European companies 21 shipments of air pressure switches worth $687,189. UniControl had reason to know that 19 of these shipments were intended …
For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
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 &...
Iran
United States