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Will MetLife face additional fines for Iran sanctions violations by end of 2024?
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MetLife's American Life Insurance to Settle $178,421 for 2,300 Iran Sanctions Violations
Nov 14, 2024, 11:19 PM
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.
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