OFAC $189,000 settlement with NewTek

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a $189,483 settlement with NewTek, Inc. to settle its potential civil liability for 52 apparent violations of the Iranian Transactions and Sanctions Regulations (‘ITSR’) and Executive Order (E.O.) 13268 2012. Between December 2013 and May 2018, NewTek exported 49 products from the United States to two …

About Maya Lester QC

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

See profile for Maya Lester QC >