By Maya Lester KC & Michael O’Kane

OFAC enters into settlement with Credit Agricole S.A. subsidiaries

On 26 September 2022, OFAC announced that CA Indosuez Switzerland S.A. (CAIS), an indirect subsidiary of Credit Agricole Corporate and Investment Bank (CACIB), had agreed to remit $720,258 to settle its potential civil liability for apparent violations of the US’ Cuba, Russia, Iran, Sudan and Syria sanctions regimes. Notice & Enforcement Release. Between April 2013 to April 2016, CAIS allowed …

RussiaRussia IranIran SudanSudan SyriaSyria United StatesUnited States

About Maya Lester KC

For all site-related issues, including subscription and payment issues, please contact
Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

See profile for Maya Lester KC >

Share this page on: