financetom
Business
financetom
/
Business
/
US Treasury Department says MetLife unit settles over Iran sanctions violations
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Treasury Department says MetLife unit settles over Iran sanctions violations
Nov 15, 2024 11:52 AM

WASHINGTON (Reuters) - The U.S. Treasury Department said on Thursday that New York-based insurer MetLife's unit, American Life Insurance Company, agreed to settle its potential civil liability for over 2,300 apparent violations of sanctions against Iran.

The Treasury Department's Office of Foreign Assets Control (OFAC) announced a $178,421 settlement with the MetLife unit.

(Reporting by Kanishka Singh in Washington)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-BKV Corp Removes Wells Fargo Securities & Capital One Securities  As The Underwriters Of IPO- SEC Filing
BRIEF-BKV Corp Removes Wells Fargo Securities & Capital One Securities As The Underwriters Of IPO- SEC Filing
Aug 13, 2024
Aug 13 (Reuters) - BKV Corp: * BKV CORP REMOVES WELLS FARGO SECURITIES & CAPITAL ONE SECURITIES AS THE UNDERWRITERS OF IPO- SEC FILING Source text for Eikon: Further company coverage: ([email protected]) ...
Evotec Reports Progress in Partnership With Bristol-Myers Squibb
Evotec Reports Progress in Partnership With Bristol-Myers Squibb
Aug 13, 2024
06:26 AM EDT, 08/13/2024 (MT Newswires) -- Evotec (EVO) said Tuesday that it has made further progress in its collaboration with US drugmaker Bristol-Myers Squibb ( BMY ) on building a molecular glue-based pipeline. The German biotech firm said performance-based performance-based and program-based achievements trigger payments of $75 million to the company. The partnership, which began in 2018 and expanded...
Meta Platforms to Face Legal Action From Polish Billionaire Rafal Brzoska Over Alleged Fake Advertisements
Meta Platforms to Face Legal Action From Polish Billionaire Rafal Brzoska Over Alleged Fake Advertisements
Aug 13, 2024
06:31 AM EDT, 08/13/2024 (MT Newswires) -- Meta Platforms ( META ) was issued an injunction filed by Polish billionaire Rafal Brzoska, temporarily banning the social media operator from publishing allegedly fake ads with images of Brzoska or his wife in Poland, news outlets reported Tuesday. Brzoska, the chief executive of InPost, and his wife Omena Mensah, are planning to...
GM to recall over 21,000 US electric SUVs over braking concerns
GM to recall over 21,000 US electric SUVs over braking concerns
Aug 13, 2024
(Reuters) - General Motors is recalling 21,469 electric SUVs in the U.S. over concerns of an unexpected activation of the anti-lock brake system, and will remedy the issue through an over-the-air update, the National Highway Traffic Safety Administration said on Tuesday. The recall would affect GM's 2023-2024 Cadillac Lyriq all-wheel drive models, the auto safety regulator added. In April, the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved