OFAC SETTLEMENT WITH ELF COSMETICS FOR IMPORTATION OF FALSE EYELASH KITS FROM SUPPLIERS USING MATERIALS SOURCED BY NORTH KOREA

On 31^st January, OFAC announced a settlement of $996,080 with e.l.f. Cosmetics Inc of Oakland, California.   ELF has agreed to settle its potential civil liability for 156 apparent violations of the North Korea Sanctions Regulations that involved the importation of false eyelash kits from 2 suppliers located in China that contained materials sourced by these suppliers from the Democratic People’s Republic of Korea.  OFAC determined that ELF voluntarily self-disclosed the apparent violations and that the apparent violations constitute a non-egregious case.

https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20190131_elf.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017