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News/Compliance & Enforcement/Stanley Black and Decker Settles OFAC Enforcement Action for $1.9 Million
Expert Opinion·Compliance & Enforcement Brief

Stanley Black and Decker Settles OFAC Enforcement Action for $1.9 Million

Stanley Black and Decker, and its Chinese subsidiary Jiangsu Guoqiang Tools, have agreed to pay about $1.9 million to settle OFAC charges that they violated the Iran Sanctions Program, which Stanley disclosed voluntarily.

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