What Can Be Learned From 3M's Iran Sanctions Settlement
By Thaddeus McBride ( November 3, 2023, 5:24 PM EDT) -- In September, the U.S. Department of the Treasury's Office of Foreign Assets Control announced that it had settled with the 3M Company for nearly $10 million to resolve apparent violations of U.S. sanctions on Iran.[1] OFAC is the U.S. government agency with primary responsibility for administering and enforcing U.S. economic sanctions regulations....
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