Huawei misled HSBC about sanctions compliance regarding its business in Iran, leading to potential US trial consequences.
3 reports, 3 independent
Updated Jun 18
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What happened
Huawei misled HSBC about sanctions compliance regarding its business in Iran, leading to potential US trial consequences.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trial begins in a Brooklyn federal courtroom regarding alleged past dealings between Huawei and HSBC involving sanctions compliance.Sub-event
- Huawei is facing a trial regarding alleged sanctions evasion involving the company and the U.S.Sub-event
Huawei misled HSBC about sanctions compliance regarding its business in Iran.1 source
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The entities involved
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Huawei
Chinese multinational technology company
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HSBC
British multinational bank
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- US sanctions were permanently removed from the global marketplace as of January 1, 2026.
- Huawei faces new accusations, including supplying surveillance equipment to Iran and conspiring to steal trade secrets from U.S. companies.
- Huawei launches OS to compete with Google and Apple, while China warns against latest Iran sanctions.
- U.S. unveils sanctions targeting Chinese entities, while China defends its cooperation with Iran under international law.
- Huawei faces security concerns while the US imposes tariffs on Canadian goods.