The bank pled guilty to an additional charge of violating the International Emergency Economic Powers Act and the Trading with the Enemy Act by dealing with Sudan, Iran and Cuba.
BNP Paribas has pled guilty to two criminal charges of breaking U.S. sanctions against trade with Sudan, Iran and Cuba. The bank will be prevented from clearing certain transactions in U.S. dollars for one year from the start of 2015, as well as pay $9 billion in fines.
The bank is accused of hiding transactions in excess of $30 billion that violated international sanctions, including those imposed on Sudan and Iran. U.S. prosecutors allege that the transactions took place over a five-year period.