Haas Automation to Pay Over $2.5M in Combined Civil Penalties to BIS, OFAC for Prohibited Transactions, Including With Entities Affiliated With Chinese, Russian Defense Sectors
January 18, 2025
January 18, 2025
WASHINGTON, Jan. 18 -- The U.S. Department of Commerce Bureau of Industry and Security issued the following news release on Jan. 17, 2025:
Today, as part of a coordinated enforcement effort, the Department of Commerce's Bureau of Industry and Security (BIS) and the Department of the Treasury's Office of Foreign Assets Control (OFAC) imposed approximately $2.5 million in combined civil penalties against Haas Automation, Inc. (Haas) for alleged and apparent violations of U.S . . .
Today, as part of a coordinated enforcement effort, the Department of Commerce's Bureau of Industry and Security (BIS) and the Department of the Treasury's Office of Foreign Assets Control (OFAC) imposed approximately $2.5 million in combined civil penalties against Haas Automation, Inc. (Haas) for alleged and apparent violations of U.S . . .