Skip to content Skip to footer site map

Sign In
Home
Treasury For...
AboutExpand About
Resource CenterExpand Resource Center
Empty
ServicesExpand Services
InitiativesExpand Initiatives
CareersExpand Careers
Connect with Us
 

Resource Center

 Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and DENTSPLY SIRONA, INC. ("DSI")

 

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $1,220,400 settlement with DENTSPLY SIRONA INC. (“DSI”), a U.S. company incorporated in Delaware, the successor in interest to DENTSPLY International Inc. (“DII” and, together with DSI, “DENTSPLY”) to settle DENTSPLY’s potential civil liability for 37 apparent violations of § 560.204 of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. Part 560 (ITSR).   

Between on or about November 26, 2009 and July 5, 2012, DII subsidiaries UK International (“UKI”) and DS Healthcare Inc. (d.b.a. Sultan Healthcare), (“Sultan”), exported 37 shipments of dental equipment and supplies from the United States, directly or indirectly to Iran, to distributors in third-countries, with knowledge or reason to know that the goods were ultimately destined for Iran.  OFAC determined that DII did not voluntarily disclose the apparent violations and that the apparent violations constitute a non-egregious case.

For more information on this action, please visit the following web notice.

Last Updated: 12/6/2017 10:33 AM

Contact Us

Department of the Treasury
1500 Pennsylvania Ave., N.W.
Washington, D.C. 20220

General Information: (202) 622-2000
Fax: (202) 622-6415
Hours: Mon-Fri 8:00am - 5:00pm

Untitled 1
Untitled 1

E-Mail Signup

Sign Up to Receive Treasury.gov News src= Sign up to Receive
Treasury.gov News