China, Enforcement, North Korea, Sanctions, Violations & Fines, Voluntary Disclosure
By: Danielle Hatch e.l.f Cosmetics, Inc. (ELF) of Oakland, California has reached a settlement with the Office of Foreign Assets Control (OFAC) for $996,080 related to 156 violations of the North Korea Sanctions Regulations. The company imported false eyelash kits...
China, Iran, North Korea, Software, Telecommunication, Violations & Fines
(Source: Vinson & Elkins LLP, 14 Aug 2018.) By: David R. Johnson, Esq., drjohnson@velaw.com, +1 202-639-6706; and Daniel J. Gerkin, Esq., dgerkin@velaw.com, +1 202-639-6654. Both of Vinson & Elkins LLP. The President has signed the National Defense...
North Korea, Sanctions, Violations & Fines
By: Ashleigh Foor (Source: Bobsguide, 29 May 2018.) Air cargo industry, be warned: regulations are ever-increasing in 2018, leading to more fines and penalties for those involved in illegal trade. A Maersk company recently violated international sanctions by carrying...
North Korea, OFAC, Sanctions, Treasury Dept
(Source: Treasury/OFAC) The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is announcing the amendment and reissuance in its entirety of the North Korea Sanctions Regulations, 31 C.F.R. part 510, in order to implement Executive Order (E.O.)...
Iran, North Korea, Sanctions
(Source: Latham & Watkins LLP) Authors: Les P. Carnegie, Esq., les.carnegie@lw.com, 202-637-1096; and William M. McGlone, Esq., william.mcglone@lw.com, 202-637-2202 President Trump signs the “Countering America’s Adversaries Through Sanctions...
North Korea, USA Regulations, Violations & Fines
By: Brooke Driver Leave it to Dennis Rodman to pack a North Korean dictator, a trashed hotel room and rehab into one vacation. The former basketball star took time out of his busy schedule to visit North Korean leader Kim Jong Un in early January to celebrate his...