On 1st October, the US Treasury announced that the General Electric Company has, on behalf of its 3 subsidiaries – Getsco Technical Services Inc., Bentley Nevada, and GE Betz – agreed a settlement of $2,718,581 to settle its civil liability for 289 alleged violations of Cuba sanctions.  The companies accepted payments totalling approximately £8 million from the Cobalt Refinery Company for goods and services provided to an anonymous Canadian corporate customer of GE. The Canadian corporate jointly owned Cobalt, a mining company, with the Cuban government.

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at

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

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