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Company Self Reports To Danish Business Authority For Possible Sanctions Breaches
Danish company FLSmidth & Co A/S has self-reported to OFAC and the Danish Business Authority after an internal investigation revealed potential sanctions violations involving the provision of pre-contract tender materials to persons in the Russian Federation for projects in Kazakhstan. The company is now reviewing and enhancing its compliance programme and risk management measures in response to these findings.
Denmark International
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Duane Morris LLP
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