Toronto-Dominion Bank (“TD Bank”)

HQ Country of Company:
Canada
Person(s) Involved:
Toronto-Dominion Bank (Canada)
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
Between December 1, 2008 and March 28, 2012, TD Bank processed 39 transactions totaling $515,071.20 to or through the United States on behalf of a sales agent for an entity on OFAC’s SDN list and located in Iran, a customer in apparent violation of the Iranian Transactions and Sanctions Regulations.
Fine:
Total Fine
$516,105.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$516,105.00
Source:
Treasury, “Enforcement Information For January 13, 2017.”
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