Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Credit Agricole Corporate and Investment Bank
Current Parent CompanyCredit Agricole
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $156,000,000
Year: 2015
Date: October 20, 2015
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: Credit Agricole agreed to pay $156 million in a Deferred Prosecution agreement with the Manhattan District Attorney's Office to settle settling allegations it helped foreign clients evade U.S. international economic sanctions. This agreement was made in coordination with settlements with several federal agencies.
Level of Government: local
Action Type: agency action
Agency: Manhattan (NY) District Attorney
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
Private Lawsuit Resolution Type: settlement
Facility State: New York
Facility County: New York
Facility City: New York
HQ Country of Current Parent: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data(click here)
Notes: It states on the press release that half of the previous settlements from these investigations went to the District Attorney's Office, so have added the same here, but not clearly stated on press release.
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.