In a precedent-setting agreement, the Justice Department, OFAC and the Bureau of Industry Security announced a settlement with SAP SE for more than $8 million for numerous violations of the Iran Sanctions program. While the Justice Department’s National Security Division (“NSD”) has settled prior export control and sanctions cases against corporations for violations of the North Korea Sanctions program, the SAP case is the first in which DOJ’s NSD flexed its new Export Control and Sanctions…
By: Michael Volkov
More Stories
The Most Common Types of Lawyers and Their Functions
Different Types of Lawyers: What They Can Do for You
Navigating the Complex World of Legal Specializations