Tag Archives | IPSA International Services

OFAC agrees settlement with IPSA International Services

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a $259,200 settlement with IPSA International Services, Inc. (IPSA) of Phoenix, Arizona. IPSA agreed to settle its potential civil liability for 72 apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR). The apparent violations involve, on […]