Bank of Tokyo agrees extra $315 million settlement for US sanctions violations

On 18 November 2014, the Bank of Tokyo Mitsubishi UFJ (BTMU) agreed to pay a $315 million penalty and sanction two employees for misleading regulators over its transactions with Iran, Burma and Sudan in violation of US sanctions. The penalty comes in addition to a $250 million fine already levied on BTMU in 2013 for…

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Burma / MyanmarBurma / Myanmar SudanSudan IranIran 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...

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