OFAC has announced that Romania-based First Bank SA and its US parent company JC Flowers & Co. have agreed to pay $862,318 to settle potential liability for violations of the Iranian Transactions and Sanctions Regulations (ITSR) and the Syrian Sanctions Regulations (SySR). Enforcement Release. Between March 2016 and December 2018, First Bank processed 34 outgoing USD payments for individuals/entities located …
For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
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 &...
Iran
Syria
United States