As previously reported on this blog, Syriatel, Syria’s largest provider of mobile phone service, was recently put on the Specially Designated Nationals (“SDN”) List by the Office of Foreign Assets Control (“OFAC”). As a result, U.S. citizens are prohibited from…
ABOVE: Nickel Production in Cuba The latest release by the Office of Foreign Assets Control (“OFAC”) of recent civil penalty cases reports that Minxia Non-Ferrous Metals, Inc., remitted $1,198,000 to settle allegations that between 2003 and 2006 it purchased or…
Application of country-based sanctions in cyberspace may pose some interesting problems and pitfalls as two cases recently reported by the Office of Foreign Assets Control illustrate: One individual has agreed to a settlement totaling $840 for alleged violation of the…
Donald Wayne Hatch, the owner of Rigel Optics, an online distributor of Russian night vision equipment, entered into a plea agreement yesterday in connection with an indictment that alleged that he had illegally exported night vision equipment without a license.…
The Bureau of Industry and Security (“BIS”) recently announced settlement agreements with Massachusetts-based Select Engineering, Inc., and with David Rainville, its Vice-President of Administration. Select Engineering agreed to settle charges that it exported medical electrode sensor elements and stainless steel…