Violation Tracker Individual Record

Company: 
Credit Suisse AG
Current Parent Company: 
Credit Suisse
Penalty: 
$268,000,000
Year: 
2009
Date: 
December 16, 2009
Offense Group: 
financial offenses
Primary Offense: 
economic sanction violation
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: 
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 Parent: 
Switzerland
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
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.