OFAC SETTLEMENT WITH SWISS-BASED SOCIÉTÉ INTERNATIONALE DE TÉLÉCOMMUNICATIONS AÉRONAUTIQUES SCRL (SITA) FOR IRAN SANCTIONS VIOLATIONS

On 26 September, OFAC announced that it had reached a settlement with SITA, which has agreed to pay $7,829,640 to settle its potential civil liability for 9,256 apparent violations of the terrorism sanctions regulations and totalling approximately $2,428,200 in 2013/2018.  The case involved SITA providing commercial services and software that were subject to US jurisdiction and benefitted certain airline customers after OFAC designated those airlines as specially designated global terrorists (SDGT).  SITA provides commercial telecommunications network and information technology services to the civilian air transportation industry, including Mahan Air, Syrian Arab Airlines, Caspian Air Meraj Air and Al-Naser Airlines.

https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20200226_sita.pdf

https://www.freightwaves.com/news/airline-systems-firm-pays-7-8-million-for-us-sanction-violations

 

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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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