Berkshire Hathaway Agrees to Pay $4.1 Million for Iran Sanctions Violations
What a year for OFAC – Amazon settled its case for OFAC violations and now add Berkshire Hathaway. Lat year, Apple settled with OFAC for sanctions violations. Sanctions compliance is not rocket science – it requires commitment, dedication, expertise and resources. The board and senior management have to understand the importance of sanctions compliance and execute a plan to do so. Unfortunately, it appears like...