We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
On December 16, 2009, OFAC, the Department of Justice, and the New York State District Attorney's Office announced that Credit Suisse AG had settled allegations by state and federal agencies that it intentionally structured transactions in order to allow Iranian, Libyan, Sudanese and other clients subject to US sanctions to access the US financial system
On January 8, 2010, Immigration and Customs Enforcement (ICE) agents arrested Mahmoud Reza Banki after an indictment charging him with violating the US sanctions on Iran and operating an unlicensed money transfer business between the United States and Iran
