COSL Singapore Ltd — $415,350 OFAC penalty

OFAC published a $415,350 civil penalty against COSL Singapore Ltd on 08/24/2017. It is the #149 largest action in OFAC’s 1,052-entry enforcement chart and #8 of the 16 actions published that year.

The record

Entity, as published by OFACCOSL Singapore Ltd
Penalty / settlement amount$415,350
Date published by OFAC08/24/2017
Aggregate penalties, settlements or findings1
Rank among all published OFAC actions#149 of 1,052
Rank within 2017#8 of 16
Share of 2017 penalty total0.3%
Apparent violations cited55
Base penalty$923,000
OFAC egregiousness determinationNon-egregious
Conduct period citedOctober 2011 - February 2013
Sanctions programs named in the releaseIran

Primary source

OFAC enforcement release: 20170824_cosl.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.

Comparable 2017 actions

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Source. U.S. Department of the Treasury, Office of Foreign Assets Control — Civil Penalties and Enforcement Information. Retrieved 2026-07-26. Works of the U.S. federal government are in the public domain (17 U.S.C. § 105).

This compilation is published by SanctionsAI under CC BY 4.0. Cite as: SanctionsAI, “OFAC Civil Penalties Database”, 2026, https://sanctionsai.dev/enforcement.

Not legal or compliance advice. This page reproduces figures published by the U.S. Department of the Treasury’s Office of Foreign Assets Control. OFAC’s own enforcement release is the authoritative record; where this page and OFAC differ, OFAC is correct. Consult qualified counsel for advice on any specific matter.