Toll Holdings, an international freight forwarding and logistics company based in Australia, has agreed to remit more than $6.1 million as part of a settlement resolving nearly 3,000 apparent violations of Iran, North Korea, and Syria sanctions, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Monday.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...