Commerzbank agrees to pay $1.45bn in penalties for sanctions, fraud and money laundering related offences

13 March 2015

On 12 March 2015, Commerzbank AG agreed to pay a total of $1.45 billion in penalties and enter into a three-year deferred prosecution agreement with the Department of Justice for doing business with Iran...

Subscribe for full access

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor.