USA: BIS FINES GERMAN AIRCRAFT SERVICES PROVIDER, SUSPENDS EXPORT PRIVILEGES FOR PROCURING PARTS TO IRAN
9 March 2021 – BIS fines German company & issues 3 years suspended export ban for Iran sanctions violations The Bureau of Industry and Security (BIS) denied export privileges for a German aircraft maintenance company MSI Aircraft Maintenance Services International GmbH & Co. (MSI) and fined it a civil penalty of $51,921 for procuring U.S.…