Crédit Agricole Corporate and Investment Bank — $329,593,585 OFAC penalty
OFAC published a $329,593,585 civil penalty against Crédit Agricole Corporate and Investment Bank on 10/20/2015. It is the #9 largest action in OFAC’s 1,052-entry enforcement chart and #1 of the 15 actions published that year.
The record
| Entity, as published by OFAC | Crédit Agricole Corporate and Investment Bank |
|---|---|
| Penalty / settlement amount | $329,593,585 |
| Date published by OFAC | 10/20/2015 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #9 of 1,052 |
| Rank within 2015 | #1 of 15 |
| Share of 2015 penalty total | 55.0% |
| Apparent violations cited | 4,297 |
| Voluntarily self-disclosed | No |
| OFAC egregiousness determination | Egregious |
| Conduct period cited | October 2003 - December 2006 |
| Sanctions programs named in the release | Iran, Cuba, Sudan, Burma/Myanmar |
Primary source
OFAC enforcement release: 20151020_cacib.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2015 actions
- Commerzbank AG — $258,660,796
- PayPal, Inc. — $7,658,300
- UBS AG — $1,700,100
- Life For Relief and Development — $780,000
- John Bean Technologies Corporation — $391,950
Screen against the live SDN list before you transact
Every action on this page began with a payment or transfer that was not screened. SanctionsAI is a free OFAC screening API for names and crypto wallets — read the API docs or check a wallet in the browser.