Sanctions for the Violation of Sanctions: Businesses on US Treasury Radar

The practice of US regulators punishing specific companies for violating sanctions is of great interest In 2018, the US Department of the Treasury announced a settlement of claims against four companies ... ... Treasury accused the French bank of conducting over a thousand transactions that violated the sanctions regime against Cuba, Iran and Sudan worth $5.5 billion during 2007-2012. The American regulator also established a number of aggravating circumstances ...