The continuing education (CE) requirements for customs brokers went into effect on January 1, 2025, and the trade landscape has been evolving rapidly ever since. How do the new CE requirements work and how can you use them to your best advantage?
OFAC: Vietnam Beverage Co. Settles with OFAC for $860,000 Over North Korea Sanctions Violations
OFAC: Vietnam Beverage Co. Settles with OFAC for $860,000 Over North Korea Sanctions Violations
October 30, 2024/
The Office of Foreign Assets Control settled with Vietnam Beverage Company for $860,000 to resolve 43 apparent violations of the North Korea Sanctions Regulations. They caused US financial institutions to process over $1m in payments for alcoholic beverages sold to North Korea. More details here.
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