December 11, 2018

December 10, 2018

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OFAC Announces Settlement with DENTSPLY SIRONA INC.

On 6 December 2017, OFAC announced a settlement agreement for US$1,220,400 with DENTSPLY SIRONA INC. (DSI), a US company incorporated in Delaware, the successor in interest to DENTSPLY International Inc. (DII), in connection with 37 violations of the Iranian Transactions and Sanctions Regulations between November 2009 and July 2012. According to the OFAC press release, DII subsidiaries exported 37 shipments of dental equipment or supplies from the US to third-party distributors with knowledge or reason to know that the goods were destined for Iran.

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