Penalty Shows OFAC Authority May Extend To Use Of US Tech

By Hdeel Abdelhady (March 3, 2020, 5:57 PM EST) -- On Feb. 26, the U.S. Department of the Treasury's Office of Foreign Assets Control announced civil penalties against Société Internationale de Télécommunication Aéronautique SCRL, or SITA, the global provider of computing, communications, and other technology systems and services to the air transport industry....

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