Tag Archives: e.l.f.

Sanctions and Supply Chains: e.l.f. Cosmetics, Inc. pays nearly USD 1 million to settle North Korea sanctions violations

A US-based cosmetics company, e.l.f. Cosmetics, Inc. (ELF), has reached a USD 996,080 settlement with the US Office of Foreign Assets Control (OFAC) for importing 156 shipments of false eyelash kits containing materials sourced from North Korea in apparent violation … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , , , , , , , | Leave a comment