Iran Violations and Penalties Tracker

UANI's Iran Corporate Penalties Tracker is the only database documenting corporate violations and penalties specifically relating to Iran. It covers more than 500 civil and criminal cases settled by the U.S. Department of Justice and federal agencies. The total monetary amount paid out in fines by companies for Iran violations exceeds $19 billion.

The Tracker highlights the importance for companies to continue to adopt the most rigorous standards of enhanced due diligence (EDD), know your customer (KYC) and know your customer's customer standards (KYCC).

Existing KYC standards are currently used to protect businesses from engaging directly with sanctioned individuals and entities. However, ties to Iranian sanctioned entities may still occur indirectly. In particular, customers' customers may be engaging in questionable or unlawful behaviour, including money laundering, terror financing and sanctions evasion. This leaves a dangerous sanctions gap that should be plugged so sanctions can have their full intended effect.

It also puts companies at significant risk of reputational damage and - as the Tracker indicates - liable for massive financial penalties and even prison time.

Type Sort descending Company/Individual Country Total Fine Amount Date of Charge
Financial Institution Bank One USA $6,682
Financial Institution State Street Bank and Trust Co. USA $ 0
Financial Institution Bank One USA $5,500
Financial Institution Royal Bank of Scotland plc Scotland $33,000,000
Financial Institution Bank-Fund Staff Federal Credit Union USA $14,000
Financial Institution DnB Nor Bank (fka Den Norske Bank) Norway $7,855
Financial Institution Clearstream Banking SA Luxembourg $152,000,000
Financial Institution UBS AG Switzerland $100,000,000
Financial Institution Barclays Bank PLC United Kingdom $298,000,000
Financial Institution UniCredit Group Italy $1,300,000,000
Financial Institution Downey Savings and Loans USA $44,898
Financial Institution La Salle Bank Midwest, NA USA $5,500
Financial Institution SunTrust Bank USA $40,423
Financial Institution SunTrust Bank USA $30,800
Financial Institution Comerica Bank (on behalf of Imperial Bank) USA $29,000
Financial Institution Commerzbank AG Germany $258,660,796
Financial Institution Suretrade, Inc. USA $7,277
Financial Institution Fleet National Bank (on behalf of Boston and Sure Trade) USA $58,944
Financial Institution Industrial Bank of Korea (IBK) South Korea $86,000,000
Financial Institution Lloyds TSB Bank, plc United Kingdom $175,000,000
Financial Institution National Fleet Bank (Suretrade, Inc) USA $7,277
Financial Institution ING Bank NV Netherlands $619,000,000
Financial Institution Wachovia Bank USA $11,000
Financial Institution BMO Harris Bank NA USA $ 0
Financial Institution Intensa Sanpaolo S.p.A. Italy $2,949,030
Financial Institution Wachovia Bank (on behalf of First Union Bank) USA $18,470
Financial Institution Wells Fargo Bank, N.A. USA $97,800,000
Financial Institution BNP Paribas SA (BNPP) France $8,973,600,000
Financial Institution Guaranty Bank USA $5,000
Financial Institution Credit Agricole Corporate and Investment Bank (CA-CIB) France $575,893,585
Financial Institution The Chinese American Bank USA $7,370
Financial Institution Credit Suisse AG Switzerland $304,000,000
Financial Institution Webster Bank (on behalf of Village Bank & Trust) USA $2,823
Financial Institution PNC Bank USA $8,200
Financial Institution Nordea Bank Finland PLC (on behalf of Christiania Bank) USA $5,900
Financial Institution Wells Fargo USA $67,000
Financial Institution Hanmi Bank USA $7,000
Financial Institution Wells Fargo Bank USA $42,833
Financial Institution Joint-Stock Commercial Bank "Bank of Moscow" Russia $9,492,525
Financial Institution Societe Generale SA France $53,966,916
Financial Institution JP Morgan Chase & Co USA $73,281
Financial Institution Societe Generale SA France $111,359
Financial Institution ABN AMRO BANK (now known as Royal Bank of Scotland) Netherlands $500,000,000
Financial Institution Banco de Chile Chile $5,500
Financial Institution JP Morgan Chase Bank USA $88,300,000
Financial Institution ABN AMRO BANK (now known as Royal Bank of Scotland) Netherlands $40,000,000
Financial Institution Central Carolina Bank USA $8,465
Financial Institution Toronto-Dominion Bank (“TD Bank”) Canada $516,105
Financial Institution Trans Pacific National Bank USA $12,500
Financial Institution Banco do Brasil S.A. Brazil $139,500