Barclays Bank PLC

HQ Country of Company:
United Kingdom
Agency:
OFAC & Department of Justice
Location of Sentencing:
Washington D.C.
Date:
Description:
Barclays’ apparent violations arose out of practices designed to circumvent filters at U.S. banks installed to detect transactions in violation of OFAC regulations, including Iran sanctions.
Fine:
Total Fine
$298,000,000.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$298,000,000.00
Source:
Treasury, “Enforcement Information For August 18, 2010.”
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