Get Major Sanctioned Countries Bnpp

BNP Paribas is the top bank in the European Union and a major international banking establishment. It has close to 190,000 employees in 65 countries, including almost 145,000 in Europe.

“BNPP, the world's fourth largest bank, has now been sentenced to pay a record penalty of almost $9 billion for sanctions violations that unlawfully opened the U.S. financial markets to Sudan, Iran, and Cuba,” said U.S. Attorney Bharara.

Economic sanctions are used as a tool of foreign policy by many governments. Economic sanctions are usually imposed by a larger country upon a smaller country for one of two reasons: either the latter is a perceived threat to the security of the former nation or that country treats its citizens unfairly.

BNPP, the world's fourth largest bank, has agreed to plead guilty and pay penalties of almost $9 billion for performing the hat trick of sanctions violations, unlawfully opening the doors of the U.S. financial markets to three sanctioned countries, Sudan, Iran, and Cuba.

Sanctions Programs and Country Information ​Active Sanctions Programs:​Program Last Updated:Hong Kong-Related Sanctions12/20/2021Hostages and Wrongfully Detained U.S. Nationals Sanctions07/19/2022​Iran Sanctions03/21/2023​Iraq-Related Sanctions12/28/202236 more rows

Cassie Schock - Head of Sanctions Compliance - BNP Paribas | LinkedIn.

The Bureau of Industry and Security (BIS) implements U.S. Government certain sanctions against Cuba, Iran, North Korea, and Syria pursuant to the Export Administration Regulations (EAR), either unilaterally or to implement United Nations Security Council Resolutions.

Perceptions. Since 1990, the use of sanctions by the United States significantly increased, and since 1998, the United States has established economic sanctions on more than 20 countries.