e.l.f. Compliance Settlement Highlights Third-Party Supply Chain Risks
PYMNTS
FEBRUARY 12, 2019
’s importation of those goods via China was found to be in violation of the Treasury’s Office of Foreign Assets Control (OFAC) North Korea Sanctions Regulations. Rather, those suppliers had themselves been sourcing from North Korea, and e.l.f.’s Importantly, e.l.f. notified regulators when it discovered the violations.
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