Major Turkish consumer goods company faces US sanctions probe

The Treasury Department is investigating Turkish consumer goods multinational Arçelik, which owns several prominent household appliance manufacturers, over its historic dealings in Iran.

Alfa Laval sanctions case gives foreign companies reason to be nervous

The US Treasury Department’s recent case against the UAE-based subsidiary of a Swedish heavy industries company signals an increasingly aggressive approach towards foreign companies involved in sanctions-busting schemes.

Payoneer reaches $1.4 million settlement for US sanctions non-compliance

Online money transfer company Payoneer, which went public in June, “failed to exercise a minimal degree of caution or care for its sanctions compliance obligations”, according to OFAC.

Editor's picks

Get unlimited access to all Global Investigations Review content