Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping Company (USA).

By AML OFAC, Regulation, USA

 

Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping Company (USA).

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $518,063 settlement with Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping Company (USA) (collectively referred to as “AEL”) of Los Angeles, California, to settle AEL’s potential civil liability for 140 apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. Part 560 (ITSR).
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https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20170817_33.aspx

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