Trade and Manufacturing Monitor
News and insight from our international trade practice group
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Hong Kong Company Pays $5M Fine After Employees Buy and Sell Iranian-Origin Goods Using U.S. Dollars
Last week, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced a $5,228,298 settlement agreement with Sojitz (Hong Kong) Limited (Sojitz HK) for causing U.S. financial institutions to process…