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2023 Enforcement Information

2023 Enforcement Information

Browse OFAC Enforcement Actions By Year

2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003

Civil Penalties Information Chart

Detailed Penalties/ Findings of Violation InformationName​Aggregate Number of Penalties, Settlements, or Findings of ViolationPenalties/Settlements Total in USD
12/21/2023Privilege Underwriters Reciprocal Exchange

1

466,200
12/13/2023CoinList Markets LLC

1

1,207,830
12/08/2023Nasdaq, Inc.

1

4,040,923
11/21/2023Binance

1

968,618,825
11/06/2023DaVinci Payments

1

206,213.00
09/21/2023Emigrant Bank

1

31,867.90
09/21/20233M Company

1

9,618,477
08/16/2023Construction Specialties Inc.

1

660,954
06/20/2023Swedbank AS (Latvia)

1

3,430,900
05/17/2023Murad, LLC, and an Individual23,509,286
05/01/2023Poloniex, LLC17,591,630
04/25/2023British American Tobacco p.l.c.1508,612,492
04/06/2023Microsoft Corporation12,980,265.86
03/31/2023Uphold HQ Inc.    172,230.32
03/30/2023Wells Fargo Bank, N.A.130,000,000
03/01/2023Godfrey Phillips India Limited1332,500
Year to date totals: 171,541,380,594.08

Additional enforcement actions

Additional Selected Settlement Agreements

Additional Guidance on OFAC's Enforcement and Compliance Policies

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

  • 89 FR 2139-24 - Implementation of the Federal Civil Penalties Inflation Adjustment Act
  • 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