UniControl, Inc. Settles Potential Civil Liability for Apparent Violations of the Iranian Transactions and Sanctions Regulations

March 15, 2021

UniControl, Inc. (“UniControl”), a Cleveland, Ohio-based entity that manufactures process controls, airflow pressure switches, boiler controls, and other instrumentation, has agreed to pay $216,464 to settle its potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR). As a result of its failure to act on multiple apparent warning signs, UniControl exported 19 shipments of its goods from the United States to two European companies with reason to know that the goods were intended specifically for supply, transshipment, or reexportation to Iran by the two European companies. Additionally, UniControl had actual knowledge that an additional two shipments would be reexported to Iran. The settlement amount reflects OFAC’s determination that UniControl’s apparent violations were non-egregious and voluntarily self-disclosed, and further reflects the significant remedial measures implemented by UniControl upon discovery of the apparent violations.