By Maya Lester KC & Michael O’Kane

OFAC issues a Finding of Violation to BMO Harris Bank NA

OFAC has issued a Finding of Violation to BMO Harris Bank NA (BMO) in connection with its predecessor, Marshall & Ilsley Bank (M&I), having processed $67,357 on behalf of a customer for the purpose of paying an outstanding balance owed to an Iranian entity, located in Iran, in relation to the purchase of Iranian carpets.  A general licence for the…...

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About Michael O'Kane

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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 &...

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