Violation Tracker Individual Record

Company: 
Credit Agricole Corporate and Investment Bank
Current Parent Company: 
Credit Agricole
Penalty: 
$329,593,585
Year: 
2015
Date: 
October 20, 2015
Primary Offense: 
economic sanction violation
Violation Description: 

The U.S. Department of the Treasury's Office of Foreign Assets Control announced a $329,593,585 settlement with Credit Agricole Corporate and Investment Bank to settle potential civil liability for apparent violations of U.S. sanctions.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Office of Foreign Assets Control
Civil or Criminal Case: 
civil
HQ Country of Parent: 
France
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.