Fine for Italian gas boiler component producer shows risks of non-compliance with US control and sanctions rules
Posts Tagged ‘fines and penalties’
Fine for Italian gas boiler component producer shows risks of non-compliance with US control and sanctions rules
A recent fine imposed by the Office of Foreign Assets Control (OFAC) in the US demonstrated the dangers of disregarding US regulations when handling US-controlled items. Italian business Nordgas S.r.l.…
Read MoreGerman software firm SAP SE show the benefits of self-disclosure with reduced penalties for US control breaches
German software company SAP SE has become the first company to benefit from a US Justice Department programme that encourages companies to self-report criminal export violations in exchange for leniency.…
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