BNP Paribas settles claim of US sanctions violations

BNP Paribas, France’s largest bank, yesterday agreed with the US Department of Justice that it would pay a fine of $8.79 billion and plead guilty to the crimes of conspiring to violate the International Emergency Economic Powers Act, conspiracy, and filing false business records in New York state court. The bank also agreed to a temporary ban on its ability to...

This content is for subscribers only

To continue reading please login or subscribe.

IranIran SudanSudan United StatesUnited States

About Maya Lester QC

Maya Lester QC

Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

See profile for Maya Lester QC >