Today, OFAC designated: BASTARDO MENDOZA, Rafael Enrique (a.k.a. BASTARDO, Rafael), Caracas, Capital District, Venezuela; DOB 22 Sep 1978; citizen Venezuela; Gender Male; Cedula No. 14335819
Category: OFAC Updates
Random sanctions thought of the day: AppliChem & Kollmorgen OFAC enforcement actions
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
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
February 13, 2019: OFAC adds 11, changes 1 on Iran & counter terror sanctions
Yesterday, OFAC added the following people: ABBASI, Hossein (a.k.a. ALAVI, Hossein), Iran; DOB 06 Dec 1986; nationality Iran; Additional Sanctions Information – Subject to Secondary
I’ve seen this movie before… Venezuela General Licenses 3 and 9 updated again…
On Monday, OFAC revised Venezuela General Licenses 3 and 9 and updated 3 Frequently Asked Questions: 650. What is the expected level of due diligence associated
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
