
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.
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
US says MetLife unit reached settlement over Iran sanctions violations https://t.co/Hf5lqV6wBb https://t.co/Ja9jbpsy7n
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