By Mengqi Sun Close Mengqi Sun July 8, 2020 7:48 pm ET Amazon.com Inc. agreed to settle allegations that it violated multiple U.S. sanctions regulations, the U.S. Treasury Department said Wednesday.
Newsletter Sign-up Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. Amazon, which voluntarily disclosed the alleged violations and took remedial measures—factors that played a role in the settlement total, according to OFAC—had a similar issue.
In several hundred instances, Amazon’s system allegedly failed to flag the correctly spelled names and addresses of people and entities on the U.S. blacklist, according to the agreement.
Wait, Redskin loving amazon? hillary-ous communists
Uh oh, you used a banned word.
I thought we were getting rid of the word 'blacklist' because of its racist connotation.
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