British Arab Commercial Bank plc — $4,000,000 OFAC penalty
OFAC published a $4,000,000 civil penalty against British Arab Commercial Bank plc on 09/17/2019. It is the #59 largest action in OFAC’s 1,052-entry enforcement chart and #4 of the 22 actions published that year.
The record
| Entity, as published by OFAC | British Arab Commercial Bank plc |
|---|---|
| Penalty / settlement amount | $4,000,000 |
| Date published by OFAC | 09/17/2019 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #59 of 1,052 |
| Rank within 2019 | #4 of 22 |
| Share of 2019 penalty total | 0.3% |
| OFAC egregiousness determination | Egregious |
| Sanctions programs named in the release | Sudan |
Primary source
OFAC enforcement release: 20190917_bacb.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2019 actions
- The General Electric Company — $2,718,581
- AppliChem — $5,512,564
- Stanley Black and Decker — $1,869,144
- PACCAR Inc. — $1,709,325
- e.l.f. Cosmetics — $996,080
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