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
Industrial Unitrans International Inc. USA $45,000,000
Industrial Black Sivalls & Bryson (UK) Ltd United Kingdom $532,000
Industrial Black Sivalls & Bryson (UK) Ltd United Kingdom $500,400
Industrial Flowserve Spain SL Spain $20,000
Industrial Flowserve B.V. Netherlands $310,000
Industrial Flowserve France SAS France $210,000
Industrial Flowserve GV Ltd United Kingdom $405,000
Industrial Flowserve Hamburg GmbH Germany $125,000
Industrial BS&B Processing Systems Inc USA $86,000
Industrial Flowserve Pompes SAS France $135,000
Industrial Buehler Ltd. USA $247,000
Industrial Thermon (UK) Ltd United Kingdom $29,000
Industrial AAG Makina Turkey $23,000
Industrial Thermon Europe B.V. Netherlands $43,500
Industrial PRC Laser Corp USA $42,000
Industrial Thermon Europe B.V. Netherlands $18,500
Insurance NYMagic, Inc (on behalf of Mutual Marine Office, Inc) USA $4,303
Insurance General Reinsurance Corporation (Gen Re) USA $59,130
Insurance Metropolitan Life Insurance Company USA $4,591
Insurance Seabury & Smith Inc. USA $46,341
Insurance Aon International Energy, Inc. USA $36,000
Insurance Navigators Insurance Company USA $271,815
Insurance The American Steamship Owners Mutual Protection and Indemnity Association, Inc. USA $348,000
Insurance McGriff, Seibels & Williams of Texas, Inc USA $122,408
Insurance Berkshire Hathway USA $4,144,651
Insurance HCC Insurance Holdings, Inc. USA $38,448
Investment Manager Trantech Consultants USA $81,277
Investment Manager Genesis Asset Managers LLP (GAM US) USA $112,500
Legal Healy and Baillie LLP USA $1,000
Logistics Expeditors International of Washington, Inc. USA $1,200
Logistics Toll Holdings Limited Australia $6,131,855
Logistics Panalpina USA $2,750
Manufacturing Whitford Worldwide Company, LLC USA $824,314
Manufacturing CVC Services USA $51,000
Manufacturing Nozzle Manufacturing Company USA $20,000
Manufacturing Wilden Pump and Engineering Co LLC USA $700,000
Manufacturing Caspian Industrial Machinery Supply United Arab Emirates $ 0
Manufacturing Medcraft Industries USA $3,000
Manufacturing Proclad International Pipelines, Ltd United Kingdom $200,000
Manufacturing Wilson Tool International, Inc USA $15,000
Manufacturing Hetran, Inc. USA $837,600
Manufacturing Wire Pro Incorporated USA $2,932
Manufacturing UniControl, Inc. USA $216,464
Manufacturing Oerlikon Schweisstechnik AG Switzerland $33,000
Manufacturing Esa Kimya Turkey $200
Manufacturing Melvina Can Machinery, Co. USA $6,000
Manufacturing Alliance Steel, Inc. USA $435,003
Manufacturing Stanley Black & Decker USA $1,869,144
Manufacturing Metal and Mineral Trade SARL (MMT) Luxembourg $35,000
Manufacturing Reweld AG Switzerland $22,000