Home -> Law Blog Directory -> International Law Blogs -> Australian Regulatory Compliance Review
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
International Law
: Australian Regulatory Compliance ReviewLloyds TSB Bank settles US sanctions breach investigation
Lloyds TSB Bank has announced that it has reached a settlement for US$350 million with both the United States Department of Justice and the New York County District Attorney?s Office in relation to financial transfers that violated US sanctions.
The US Justice Department said Lloyds TSB had acknowledged "criminal conduct" and agreed to forfeit the funds in return for an end to its investigation.
Prosecutors said the bank faked records so clients in Iran, Libya and Sudan could do business with US institutions. (BBC News)
Lloyds TSB disclosed in its interim results for the first half of 2008 that it was in discussions regarding a resolution of the investigation and that it had provided £180 million in respect of this matter
The Office of Foreign Assets Control (OFAC) has confirmed to Lloyds TSB that the amount paid to the United States Department of Justice and the New York County District Attorney?s Office will be credited towards satisfying any penalty it imposes.
Full post as published by Australian Regulatory Compliance Review on January 12, 2009 (boomark / email).
Torts
Introduction to Torts
Private Investigators and Detectives
Services Provided by Private Investigators
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Bank of America Settles Merrill Lynch Class Action for $150 Million
Bank of America Settles Merrill Lynch Class Action for $150 Million
Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act
Bank Transaction
City Bank president Mike Liner agrees to pay $25,000 fine for assisting in a cash deposit.
Bank Scandal
Swiss bank pays Parmalat $30 million bankruptcy settlement.
McAfee, Symantec
Settle Investigation into Automatic Antivirus Subscription Practices
#1 Online Legal Resource
On 08-25 at 15:46PM
Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM
Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM
UES NYC
On 08-18 at 21:25PM
Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM
Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM
Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM
Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
Lloyds TSB übernimmt HBOS für 12,2 Mrd. Pfund
Lloyds TSB Online Banking Security
Deferred Prosecution Agreement in Lloyds TSB Bank
Iranian bank challenges EU sanctions
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| Oil Spill Video
All original material © 1999-2011 by USLaw.com. All other material, including Blog Directory feed content, are © by their respective copyright holders. |