Recent Actions Body
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced a $608,825 settlement with Key Holding, LLC. Key Holding agreed to settle its potential civil liability for 36 apparent violations of OFAC sanctions on Cuba that arose from the conduct of a Key Holding subsidiary in Colombia that managed the logistics for freight shipments to Cuba. The settlement amount reflects OFAC's determination that the apparent violations were non-egregious and voluntarily self-disclosed. For more information, please see the following Enforcement Release.