Huawei misled HSBC about sanctions compliance regarding its business in Iran, leading to potential US trial consequences.
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Updated sep 21
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How it started
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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