Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Credit Suisse AG
Current Parent Company: UBS
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $268,000,000
Year: 2009
Date: December 16, 2009
Offense Group: financial offenses
Primary Offense: economic sanction violation
Mega-Scandal: Sanctions Violations
Violation Description: Credit Suisse AG, a Swiss corporation headquartered in Zurich, agreed to forfeit $268 million to the United States and $268 million to the New York County District Attorney's Office in connection with violations of the International Emergency Economic Powers Act and New York state law.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.