2022 Enforcement Information
Browse OFAC Enforcement Actions By Year
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Civil Penalties Information Chart
|
Detailed Penalties/ Findings of Violation Information |
Name |
Aggregate Number of Penalties, Settlements, or Findings of Violation |
Penalties/Settlements Total in USD |
|---|---|---|---|
| 12/30/2022 | Danfoss A/S | 1 | 4,379,810 |
| 11/28/2022 | Payward, Inc. (“Kraken”) | 1 | 362,158.70 |
| 10/18/2022 | Nodus International Bank, Inc. | 1 | N/A |
| 10/11/2022 | Bittrex, Inc. | 1 | 24,280,829.20 |
| 09/30/2022 | Tango Card, Inc. | 1 | 116,048.60 |
| 09/26/2022 | CFM Indosuez Wealth | 1 | 401,039 |
| 09/26/2022 | CA Indosuez Switzerland S.A. | 1 | 720,258 |
| 07/21/2022 | MidFirst Bank | 1 | N/A |
| 07/15/2022 | American Express National Bank | 1 | 430,500 |
| 05/27/2022 | Banco Popular de Puerto Rico | 1 | 255,937.86 |
| 04/25/2022 | Toll Holdings Limited | 1 | 6,131,855 |
| 04/21/2022 | Chisu International Corporation | 1 | 45,908 |
| 04/21/2022 | Newmont Corporation | 1 | 141,442 |
| 04/01/2022 | S&P Global, Inc. | 1 | 78,750 |
| 01/11/2022 | Sojitz (Hong Kong) Limited | 1 | 5,228,298 |
| 01/03/2022 | Airbnb Payments, Inc. | 1 | 91,172.29 |
|
Year to date totals: |
| 16 | 42,664,006.65 |
Additional enforcement actions
Additional Selected Settlement Agreements
Additional Guidance on OFAC's Enforcement and Compliance Policies
- A Framework for OFAC Compliance Commitments
- OFAC Enforcement Guidelines
- Memoranda of Understanding Between OFAC and Bank Regulators
- Memorandum of Understanding Between OFAC and the State of Delaware Department of Justice
- OFAC Office of Compliance and Enforcement Data Delivery Standards Guidance: Preferred Practices for Productions to OFAC
- Advisory and Guidance on Potential Sanctions Risks Arising from Dealings in High-Value Artwork
- Sanctions Compliance Guidance for the Virtual Currency Industry
- Sanctions Compliance Guidance for Instant Payment Systems
Statues, Rules and Regulations Relating to OFAC Settlements and Civil Penalties
Statutes
Code of Federal Regulations
- 31 CFR 501 Reporting, Procedures, and Penalties Regulations
Federal Register Notices
- 88 FR 2229-23 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 87 FR 7369-22 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 87 FR 3206-22 - Amendment of Applicable Schedule Amount
- 86 FR 18895-21 - Adjustment of Applicable Schedule Amount
- 86 FR 14534-21 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 85 FR 54911-20 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 85 FR 48474-20 - Adjustment of Applicable Schedule Amount
- 85 FR 19884-20 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 84 FR 27714-19 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 83 FR 11876-18 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 82 FR 10434-17 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 81 FR 43070-16 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
- 74 FR 57593-09 - OFAC's Enforcement Guidelines
- 73 FR 32650-08 - Final Rule amending civil penalty provisions in 17 parts of the regulations OFAC administers, specifically those for which the International Emergency Economic Powers Act (“IEEPA”) provides civil penalty authority
- 71 FR 29251-06 - revised regulations to reflect amendments to the International Emergency Economic Powers Act (IEEPA) made by the Combating Terrorism Financing Act of 2005.
- 70 FR 15761-05 - Administrative Collection of Civil Penalties in the Iranian Assets Control Regulations, the Libyan Sanctions Regulations, and the Iraqi Sanctions Regulations
- 68 FR 61359-03 - Implementation of requirement under the Federal Civil Penalties Inflation Adjustment Act of 1990
- 68 FR 53640-03 - Civil Penalties Rights and Procedures for the Cuba Sanctions Program