
Credit Agricole agreed to pay $385 million and install an independent consultant to resolve alleged New York banking law violations in connection with transactions between 2003 and 2008 on behalf of countries and entities subject to U.S. Sanctions, including Sudan, Iran, Myanmar, and Cuba. At the same time, the bank paid penalties to the Federal Reserve, the U.S. Attorney for the District of Columbia and the Manhattan District Attorney's Office. For more info visit https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1510201