Defendant Name:
Credit Suisse Group AG
Defendant Type:
Public Company
SIC Code:
6719
CUSIP:
22540110
Document Reference:
33-11001
Document Details
Legal Case Name
In the Matter of Credit Suisse Group AG
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing and Cease-and-Desist Order
Document Date
19-Oct-2021
Document Format
Administrative Proceeding
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On October 19, 2021, the SEC instituted settled cease-and-desist proceedings against Credit Suisse Group AG stating: "This matter concerns an offering fraud and violations of the internal accounting
controls and books and records provisions of the Foreign Corrupt Practices Act by Credit Suisse,
from 2013 to 2016, in connection with three interconnected transactions involving, among others,
United Kingdom-based Credit Suisse entities and Mozambican state-owned entities."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$26,229,233.00
Shared:
Civil Penalty
Individual:
$65,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$7,822,639.00
Shared:
