Nov 14, 11:19 PM

MetLife's American Life Insurance to Settle $178,421 for 2,300 Iran Sanctions Violations

The U.S. Treasury Department announced that MetLife's subsidiary, American Life Insurance Company, has agreed to settle potential civil liability for over 2,300 apparent violations of sanctions against Iran. The settlement amounts to $178,421, addressing the alleged infractions that occurred under U.S. sanctions. This action highlights ongoing scrutiny of financial institutions regarding compliance with international sanctions.

#MetLife #American Life Insurance Company #Iran

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Sources

Reuters Health@Reuters_Health
2 years ago
The U.S. Treasury Department said on Thursday that New York-based insurer MetLife's unit, American Life Insurance Co, agreed to settle its potential civil liability for over 2,300 apparent violations of sanctions against Iran. https://t.co/DEaZ78egRg https://t.co/DEaZ78egRg
Reuters@Reuters
2 years ago
US says MetLife unit reached settlement over Iran sanctions violations https://t.co/Hf5lqV6wBb https://t.co/Ja9jbpsy7n
Adil Haque@AdHaque110
2 years ago
What https://t.co/hpcV1MT9Ps

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MetLife's American Life Insurance to Settle $178,421 for 2,300 Iran Sanctions Violations

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