OFAC enforcement actions in 2012
OFAC published 16 civil penalties, settlements and findings of violation in 2012, totalling $1,139,158,727. The largest was ING Bank N.V. at $619,000,000 on 06/12/2012.
16actions in 2012
$1.14Btotal penalties
$619Mlargest action
$450Kmedian action
OFAC published 16 actions in 2012 totalling $1,139,158,727, against 21 actions totalling $91,650,055 in 2011 — a rise of 1143% in total penalties.
Every 2012 OFAC enforcement action
| Date | Entity | Violations | Penalty (USD) |
|---|---|---|---|
| 02/07/2012 | Teledyne Technologies, Inc. ↗ | 1 | $30,385 |
| 02/21/2012 | Richland Trace Homeowners Association, Inc. ↗ | 1 | $9,000 |
| 02/24/2012 | Online Micro, LLC ↗ | 1 | $1,054,388 |
| 04/10/2012 | Essie Cosmetics Ltd. and Individual Corporate Officer ↗ | 1 | $450,000 |
| 04/25/2012 | Sandhill Scientific, Inc. ↗ | 1 | $126,000 |
| 05/21/2012 | Genesis Asset Managers, LLP ↗ | 1 | $112,500 |
| 06/12/2012 | ING Bank N.V. ↗ | 1 | $619,000,000 |
| 06/14/2012 | National Bank of Abu Dhabi ↗ | 1 | $855,000 |
| 07/10/2012 | Great Western Malting Co. ↗ | 1 | $1,347,750 |
| 08/22/2012 | Grand Resources USA, Inc. (d/b/a GR-Duratech Texas, Inc.) ↗ | 1 | $402,000 |
| 10/19/2012 | Brasseler USA ↗ | 1 | $18,900 |
| 11/15/2012 | Sogda Limited, Inc. ↗ | 1 | $128,250 |
| 11/15/2012 | Natoli Engineering Company, Inc. ↗ | 1 | $52,920 |
| 12/10/2012 | Standard Chartered Bank ↗ | 1 | $132,000,000 |
| 12/11/2012 | HSBC Holdings plc ↗ | 1 | $375,000,000 |
| 12/12/2012 | Bank of Tokyo-Mitsubishi UFJ, Ltd. ↗ | 1 | $8,571,634 |
“Violations” is OFAC’s aggregate count of penalties, settlements or findings of violation for that entry. ↗ opens OFAC’s enforcement release.
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