PRINT
ENFORCEMENT INFORMATION FOR SEPTEMBER 9, 2013
World Fuel Services Corporation Settles Potential Civil Liability for Alleged Violations of Iranian Transactions Regulations, Sudanese Sanctions Regulations, and Cuban Assets Control Regulations: World Fuel Services Corporation ("World Fuel"), Miami, FL, has agreed to pay $39,501 to settle potential civil liability for alleged violations of the Iranian Transactions Regulations ("ITR"),[1] the Sudanese Sanctions Regulations ("SSR"), and the Cuban Assets Control Regulations ("CACR"). The alleged violations involve World Fuel’s facilitation of a sale by one of its non-U.S. affiliates of fuel for a vessel at port in Bandar Abbas, Iran, on or about June 23, 2008; the facilitation by a U.S. subsidiary of World Fuel of services and fuel purchases for an aircraft that stopped in Khartoum, Sudan, on or about January 29, 2009; and coordination services provided by two U.S. subsidiaries of World Fuel for 30 unlicensed flights to Cuba, between...
Click the appropriate link below for access to this file.
Click the appropriate link below for access to this file.
1) Bases for liability
a) Iran: If the fuel arrived from outside of Iran, facilitation of the export of the fuel itself to Iran (560.208) or, if already in Iran, a transaction related to Iranian-origin goods and services (560.206), since the port is considered "Iran" for the purposes of that provision.
b) Cuba: Facilitation of the export of the planes to Cuba, or in CACR terms, dealing in "services" in which a Cuban had an interest (515.201(b)).
c) Sudan: There is nothing to suggest that the plane was not actually in Sudan at the time in which the services were rendered and goods supplied. This would clearly constitute the support of Sudan-related trading activity if the plane was in Sudan. A different question is whether supplying fuel...