So… Kollmorgen seems to have done a lot, if not all the right things in terms of due diligence, investigation and remediation, and they settle
Category: Enforcement Actions
Enforcement Actions
OFAC Enforcement Action: AppliChem GmbH
Hot on the heels of the Kollmorgen enforcement action, it’s another case of subsidiaries behaving badly…. OFAC assessed AppliChem (the subsidiary) a $5,512,564 civil monetary
OFAC Enforcement Action: Kollmorgen Corporation
Because Kollmorgen’s Turkish affiliate serviced machines operating in Iran on six occasions, they agreed to a $13,381 settlement. At first glance, it appears that Kollmorgen
February 7, 2019: OFAC adds Turkish citizen to FSE List
Yesterday, OFAC added: KAYAKIRAN, Evren, Turkey; DOB 08 Feb 1980; citizen Turkey; Gender Male; Passport U00242309 (Turkey) (individual) [FSE-IR]. to their Foreign Sanctions Evaders (FSE)
Notice to Exporters 2019/02: We’re fining people!
Notice Notice to exporters 2019/02: UK companies fined for illegal exports Published 25 January 2019 Over the last 7 months, HM Revenue & Customs (HMRC)
OFAC is all up in your supply chain: Enforcement Action against e.l.f. Cosmetics
Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and e.l.f. Cosmetics, Inc. 1/31/2019 The U.S. Department of the Treasury’s
