Archive for the ‘Burma/Myanmar’ Category

Credit Suisse Gets $536 Million Fine

Friday, February 19th, 2010 by Danielle McClellan

OFAC recently announced its largest sanctions policy ever…$536 million. Credit Suisse AG, a Switzerland-based bank agreed to the momentous fine after processing 5,000 electronic funds transfers (EFTs) on behalf of banks and individuals in Cuba, Iran, Sudan, and Burma among other countries. (more…)