The recent enforcement action against Essentra FZE also come with a settlement agreement. However, although a link is posted on the Recent Actions page, you can’t get to it from the list of enforcement actions OFAC maintains. The settlement is posted below – and adds some additional detail of the scheme that violated the North Korea Sanctions Regulations.

Thanks to my co-worker Yoshihiro Okumura for telling me about this… I naturally go right to the Enforcements page when I see the notification…

Link:

Essentra Settlement Agreement

Categories: Civil Monetary Penalties Enforcement Actions North Korea (DPRK) Sanctions OFAC Updates

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