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 ascending Company/Individual Country Total Fine Amount Date of Charge
Financial Institution Wachovia Bank USA $11,000
Financial Institution BNP Paribas SA (BNPP) France $8,973,600,000
Financial Institution Guaranty Bank USA $5,000
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 The Chinese American Bank USA $7,370
Financial Institution Credit Agricole Corporate and Investment Bank (CA-CIB) France $575,893,585
Financial Institution Credit Suisse AG Switzerland $304,000,000
Financial Institution PNC Bank USA $8,200
Financial Institution Webster Bank (on behalf of Village Bank & Trust) USA $2,823
Financial Institution Hanmi Bank USA $7,000
Financial Institution Nordea Bank Finland PLC (on behalf of Christiania Bank) USA $5,900
Financial Institution Wells Fargo USA $67,000
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 ABN AMRO BANK (now known as Royal Bank of Scotland) Netherlands $500,000,000
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 $40,000,000
Financial Institution Central Carolina Bank USA $8,465
Financial Institution Toronto-Dominion Bank (“TD Bank”) Canada $516,105
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 $20,000
Financial Institution Central Carolina Bank USA $3,750
Financial Institution Trans Pacific National Bank USA $12,500
Financial Institution Banco do Brasil S.A. Brazil $139,500
Financial Institution JP Morgan Chase Bank USA $5,263,171
Financial Institution Banco do Brasil S.A. Brazil $10,162
Financial Institution JP Morgan Chase Bank USA $18,094
Financial Institution Standard Chartered Bank United Kingdom $1,241,460,353
Financial Institution Chevy Chase Bank USA $3,352
Financial Institution HSBC Bank USA USA $5,500
Financial Institution Bank of America USA $158,038
Financial Institution Standard Chartered Bank United Kingdom $227,000,000
Financial Institution HSBC Equator (USA), Inc. USA $2,750
Financial Institution Bank of America USA $2,760
Financial Institution California Federal Bank USA $5,500
Financial Institution HSBC Holdings plc United Kingdom $1,256,000,000
Financial Institution Bank of Guam Guam $27,000
Financial Institution Key Bank National Association USA $200,000
Financial Institution Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) Japan $8,571,634
Financial Institution Citizens Security Bank & Trust USA $17,831
Financial Institution Turkiye Halk Bankasi A.S. (Halkbank) Turkey $ 0
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