On July 8, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement with Harman International Industries, Inc. (“Harman”) for $1,454,145 to settle potential civil...more
7/31/2025
/ Compliance ,
Economic Sanctions ,
Enforcement Actions ,
Export Controls ,
Foreign Subsidiaries ,
International Trade ,
Iran ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Recordkeeping Requirements ,
Risk Management ,
United Arab Emirates (UAE)