U.S. punish France for a waiver of sanctions

The United States was fined a large French Bank for violation of the sanctions regime. BNP Paribas will pay $ 9 billion for refusing to follow the policy of the United States.

The French Bank BNP Paribas was caught in transactions, contradicting the sanctions policy of the United States against Iran, Sudan and Cuba. In addition to the $ 9 billion Bank limited in the execution of transactions in dollars. The Bank adopted their own guilt, and therefore paid the fine was the largest in the history of the sanctions of the war.

"In the period from 2002 to 2012 workers BNP Paribas hid transaction at more than 120 billion dollars in aid of sophisticated schemes that have been aware of the higher management of the Bank", - is told in the statement of the economic regulator of the state of new York.

These measures will start to work since January 2015 and affect a Bank in new York, Geneva, Paris, Singapore, Milan and Rome. Upon application by regulators, BNP Paribas is unable to make payments in dollars for its visitors in new York and to implement operations on determination of the mutual promises between sellers and customers securities - quoted American organizers ITAR-TASS.

Sanctions against such a large Bank are considered unprecedented and can significantly minimize the number of visitors economic Institute, reduce his income. However, United States authorities have said several times that it is not interested in BNP Paribas completely stopped work in the United States. Economic UNIVERSITY agreed to pay to the authorities of the United States almost $ 9 billion, and even to dismiss 13 workers. Adherents of the Bank apologized and confirmed that economic UNIVERSITY was involved in one case, the fake report, and criminal conspiracy.

sections: Economics, World News, Accidents