A Connecticut-based paper company, BD White Birch Investment LLC, commonly known as White Birch USA, was fined by the Treasury Department’s Office of Foreign Assets Control (OFAC) for exporting paper from Canada to Sudan. The company settled the allegations for… Read more >
If an eCommerce giant like Amazon is unable to flag illegal sales to terrorists for five years, how are other eCommerce businesses managing their trade compliance? Amazon.com, Inc. (“Amazon”) (AMZN), the Seattle based electronic commerce (eCommerce) conglomerate, is currently involved… Read more >
ExxonMobil Corp, the world’s largest publicly traded international oil and gas company that earned $7.8 billion on revenues of about $219 billion last year, has been fined $2 million by OFAC for signing a joint venture with Russia’s Government owned… Read more >