Airbnb Payments, Inc. fined $91,172.29 for CUBA OFAC violations
04/01/2022
Airbnb Payments agreed to remit $91,172.29 to settle its potential civil liability for apparent sanctions violations against Cuba.
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced a settlement with Airbnb Payments, Inc. ("Airbnb Payments"), a registered money services business incorporated in 2013 under the laws of the State of Delaware and headquartered in San Francisco, California, and a wholly-owned subsidiary of Airbnb, Inc.
Airbnb Payments processed payments related to:
- Guests travelling for reasons outside OFAC's authorized categories and
- Failed to keep certain required records associated with Cuba-related transactions.
Please visit the following web notice for more information on the Settlement Agreement. https://home.treasury.gov/system/files/126/20220103_abnb.pdf
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.